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eduard
4 years ago
7

Jamie McFarland has determined that the value of her liquid assets is $4,500, the value of her real estate is $128,000, the valu

e of her personal possessions is $62,000, and the value of her investment assets is $73,000. She has also determined the value of her current liabilities is $7,500 and the value of her long term liabilities is $98,000. What is the total value of her assets?a. $267,500b. $105,500c. $162,000d. $205,500e. none of the above
Business
1 answer:
Ksivusya [100]4 years ago
8 0

Answer:

$105,500

Explanation:

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3 years ago
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Answer:

The answer is: Average return Gary earned is 14.97%.

Explanation:

Please find the below for detailed explanation and calculations:

The total increase of Gary's investment in large U.S. stocks from 2012 to 2015 is calculated as : (1+15.05%) x (1+33.35%) x (1+11.50%) + (1+ 2.10%) = 1.747 times. That is, he will get 1,000 x 1.747 = $1,747 at the end of 2015.

The average return of Gary's investment in large U.S. stocks from 2012 to 2015 ( 4 year period) is: [ (The fourth root of 1.747) - 1] x 100% =14.97%.

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