SOLUTION: Helen has 1/5 of her portfolio in the us stocks, 1/8 of her portfolio in european stocks, and 1/10 her protfolio in japanese stocks. The remainder is invested in municipal bonds? W

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Question 243278: Helen has 1/5 of her portfolio in the us stocks, 1/8 of her portfolio in european stocks, and 1/10 her protfolio in japanese stocks. The remainder is invested in municipal bonds? What fraction of her porfolio is invested in municipal bond?
Answer by checkley77(12844) About Me  (Show Source):
You can put this solution on YOUR website!
1-1/5-1/8-1/10=X
80/80-16/80-10/80-8/80=X
(80-16-10-8)/80=X
X=(80-34)/80
X=46/80
X=23/40 IS THE FRACTION OF HER PORTFOLIO INVESTED IN MUNICIPAL BONDS.