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Mark has $100,000 to invest. His financial consultant advises him to diversify his investment in three...

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 6% simple interest per year. Mark wishes to realize a total annual income of 5.1%, with equal amounts invested in short- and intermediate-term bonds. How much should he invest in each type of bond?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 6% simple interest per year. Mark wishes to realize a total annual income of 5.1%, with equal amounts invested in short- and intermediate-term bonds. How much should he invest in each type of bond?

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