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1.Catherine Jones has determined the following information about her own financial situation. Her checking account is worth RM500 and her savings account is worth RM900.

1.Catherine Jones has determined the following information about her own financial situation. Her checking account is worth RM500 and her savings account is worth RM900. She owns her own home that has a market value of RM98,000. She has furniture and appliances worth RM12,000 and a home computer and laptop worth RM3,300. She has a car worth RM12,500. She has recently purchased an annuity worth RM5,500 and she has a retirement account worth RM38,550. What is the value of her liquid assets?(10 marks)

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