Answer: $84
Step-by-step explanation:
Calculate the amount invested in the savings plan (7% of $1,500).
Calculate the portion allocated to overseas stocks (80% of the amount invested in the savings plan).
Let's do the calculations:
Amount invested in the savings plan:
0.07 * 1,500 = $105
Portion allocated to overseas stocks:
0.80 * 105 = $84