The total value of his large assets is $42,000.
What is large assest value?
Asset size is the total market value of the securities in a fund. It can also be referred to as assets under management.
Daniel has $5000 in a savings account, has $7000 in investments, owns a $10,000 car, and owns a $32,000 house.
The total value of his large assets is determined in the following steps given below.
Large asesst = House + Car
Large assest = 32000 + 10000
Large assest = 42000
Hence, the total value of his large assets is $42,000.
