Mr. Slater invested $100,000 in a portfolio that is contains 60% stocks and 40% bonds. Over the course of a year, the value of the stocks
increased to 67%, and the value of the bonds decreased to 33%. The current value of his investment is $118,400. How much should Mr. Slater
move from stocks to bonds to rebalance his portfolio to 60% stocks and 40% bonds?
A.
$8,900
OB. $8,500
C.
$8.288
D.
$8,100

Mr. Slater invested $100,000 in a portfolio that is contains 60% stocks and 40% bonds. Over the course of a year, the value of the stocks increased to 67%, and the value of the bonds decreased to 33%. The current value of his investment is $118,400. How much should Mr. Slater move from stocks to bonds to rebalance his portfolio to 60% stocks and 40% bonds?

A.  

$8,900

B.  

$8,500

C.  

$8,288

D.  

$8,100

Step-by-step explanation:

#platofam

the ratio of white tiles to blue tiles is 48: 16. the ratio in it's simplest form is 3: 1.

step-by-step explanation:

ratio: take the first number and add a colon next to it, then add the second number after that. make sure the ratio order matches up with the written problem!

simplest form: we can simplify the ratio 48 : 16 by dividing both terms by the greatest common factor (gcf).

the gcf of 48 and 16 is 16.

divide both terms by 16:

48 ÷ 16 = 3

16 ÷ 16 = 1

reducing to simplest form:

48 : 16 = 3 : 1

step-by-step explanation:

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