Assignment:
You have a total portfolio of $20,000 to either invest in stocks, invest in bonds, or save in a money market. You want to have at least two times more money in stocks than in bonds. You estimate that stocks will provide 2 times more money this year than money markets. Lastly, you want to have $4,000 less in money market than in bonds. How much money will be invested in stocks, bonds and money market?
Provide complete and step by step solution for the question and show calculations and use formulas.