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# A person plans to invest a total of $70,000 in a money market account, a bond fund, an international stock fund, and a domestic stock fund. She wants 60% of her investment to be conservative (money market and bonds). She

A person plans to invest a total of $70,000 in a money market account, a bond fund, an international stock fund, and a domestic stock fund. She wants 60% of her investment to be conservative (money market and bonds). She wants the amount in domestic stocks to be 4 times the amount in international stocks. Finally, she needs an annual return of $2,800.

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## SOLUTION To solve this problem we can start by setting up a system of equations to represent the constraints and the goal Let x be the amount invested in the money market account y be the amount inves View the full answer

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