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Algebra

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If 1/8 is invested in US stocks and 1/10 invested in japanses stocks and 1/5 invested in european stocks the how much is invested in municipal bonds? How do I figure out this problem?

  • Algebra - ,

    Assuming that the rest of the portfolio is in municipal bonds --

    1 - (1/8 + 1/10 + 1/5) =
    1 - (5/40 + 4/40 + 8/40) = ?

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