Question: Mark has $ 1 0 0 , 0 0 0 to invest. His financial consultant advises him to diversify his investment in three types of

Mark has $100,000 to invest. His financial consultant advises him to diversify his investment in three types of bonds: short-term, intermediate-term, and long-term. The short-term bonds pay 4%, the intermediate-term bonds pay 5%, and the long-term bonds pay 7% simple interest per year. Mark wishes to realize a total annual income of 5.35%, with equal amounts invested in short- and long-term bonds. How much should he invest in each type of bond?
short-term $
intermediate-term $
long-term $

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