I really need help with this huge consumer math problem. You saved $20,000.00 and want to diversify your monies. You invest 45% in a Treasury Bond for three years at 4.35% APR compounded annually. You place 15% in a CD at 3.75% APR for 3 years compounded annually. 20% you invest in a stock plan and the remainder in a savings account at 2.90% APR compounded annually. The stock plan increases 8% the first year, decreases in value by 4% the second year, and increases by 6% the third year. 1)What are the balances for each type of investment at the end of the third year?
2)what is your total gain from all of the investments combined? 3)If you had invested 45% in stock and 20% in Treasury bonds, would you have more or less of a gain after the three years?
45% = $9,000 (Treasury bond) 15% = $3,000 (CD) 20% = $4,000 (stock) remainder = $4,000 4.35% = .0435 (Treasury bond) 3.75% = .0375 (CD) 2.90% = .029 (Stock)
I have figured out that 9,000 was put into the treasury bond and 3,000 put into CD and 4,000 put into stock. That adds up to 16,000 so that means 4,000 is left over and put into a savings account.
I have to go but please email me at kayleeJones0697@yahoo.com if you know how to solve this and if you can help me. If you don't wanna email me please help me solve this on here if you can and i will be back soon. Thank you in advance.
i was wondering did u ever get help with this question? @K_loves_you_97
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