Question 12 of 15 • Crowley Summer 26 Credit Recovery Algebra 2 A
Ana
Jones asks her broker to divide her 401K investment of $2000 among the International Fund, the Fixed
Assets Fund, and company stock. She decides that her investment in the International Fund
should be twice her investment in company stock. During the first quarter, the International
Fund earns 4.5%, the fixed Assets Fund earns 2.6%, and the company stock falls 0.2%. At the end
of the first quarter, Ms Jones receives a statement indicating a return of $58 on her
investment. How did the br
Answer
Answer:
International Fund: $1200
Fixed Assets Fund: $200
Company stock: $600