In a certain growth fund, 3/5 of the investment capital is invested in stocks, and of that portion, 1/3 is invested in preferred stocks. If the mutual fund has $845,000 invested in preferred stocks, what is the total amount of money invested in the fund? Choose one
A) $1,974,000  B) $2,538,000  C) $3,264,000  D) $3,826,000  E) $4,225,000
Portion invested in preferred stock = 3/5 * 1/3 = 1/5   1/5 of fund = 845---   Fund = 5 * 845---   Here, we can avoid the math and simply look at 5 * 5 -&gt; 25. Only option E has 25 in it.   Answer ($4,225,000).
<result>E</result>
In a certain growth fund, 3/5 of the investment capital is invested in stocks, and of that portion, 1/3 is invested in preferred stocks. If the mutual fund has $845,000 invested in preferred stocks, what is the total amount of money invested in the fund?