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aev [14]
3 years ago
12

Catherine Jones has determined the following information about her own financial situation. Her checking account is worth $800 a

nd her savings account is worth $1,500. She owns her own home that has a market value of $103,000. She has furniture and appliances worth $10,500 and a home computer and laptop worth $3,100. She has a car worth $14,000. She has recently purchased an annuity worth $5,400 and she has a retirement account worth $44,000. What is the value of her liquid assets
Business
1 answer:
Akimi4 [234]3 years ago
5 0

Answer:

$2,300

Explanation:

Calculation for the value of her liquid assets

Using this formula

Value of her liquid assets=Checking account worth+Savings account worth

Let plug in the formula

Value of her liquid assets=$800 + $1,500

Value of her liquid assets=$2,300

Therefore Value of her liquid assets will be $2,300

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