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If 1/2 an investment portfolio was invested in stocks, 1/5
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17 Oct 2017, 22:26
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Question Stats:
75% (00:54) correct
25% (03:02) wrong based on 16 sessions
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If 1/2 an investment portfolio was invested in stocks, 1/5 in a mutual fund, 1/10 in bonds, and the remaining $25,000 in a savings bond, what was the total amount in the portfolio?
Re: If 1/2 an investment portfolio was invested in stocks, 1/5
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18 Oct 2017, 05:32
The information can be translated into numbers as [1−(12+15+110)]x=25,000. Solving we get 15x=25,000 and x = 125,000, the total amount of the portfolio.
Re: If 1/2 an investment portfolio was invested in stocks, 1/5
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08 Jan 2018, 10:45
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Expert Reply
Bunuel wrote:
If 1/2 an investment portfolio was invested in stocks, 1/5 in a mutual fund, 1/10 in bonds, and the remaining $25,000 in a savings bond, what was the total amount in the portfolio?
Re: If 1/2 an investment portfolio was invested in stocks, 1/5
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24 Jun 2020, 21:30
I don’t understand why such complicated tasks are needed because real traders will never make such complex calculations. To do this, most use trading calculators and they work very stably and can save a lot of time. I personally work on the https://www.investous.com/ platform and there is an awesome built-in calculator. So I think that there’s no point in wasting time on such calculations. By the way, what is the correct answer? I find it difficult to answer this question because I have not had practice for a long time. Do not criticize me
gmatclubot
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