Question:

Devon invested 7500 in three different mutual funds A fund

Last updated: 7/31/2023

Devon invested 7500 in three different mutual funds A fund

Devon invested 7500 in three different mutual funds A fund containing large cap stocks made a 7 5 return in 1 yr A real estate fund lost 10 4 in 1 yr a a bond fund made 3 5 in 1 yr The amount invested in the large cap stock fund was three times the amount invested in the real estate fund If Devon had a net return of 234 across all investments how much did he invest in each fund Devon invested S in the large cap fund in the real estate fund and S in the bond fund X