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Katherine Kocher has determined the following information about her own financial situation. Her checking account is worth $450 and her savings account is worth $1,700.
Katherine Kocher has determined the following information about her own financial situation. Her checking account is worth $450 and her savings account is worth $1,700. She owns her own home that has a market value of $110,000. She has furniture and appliances worth $10,000 and a home computer and laptop worth $3,100. She has a car worth $13,500. She has recently purchased a 2-year certificate of deposit worth $5,600 and has a retirement account worth $43,000. What is the value of her liquid assets? |
$187,350
$48,600
$110,000
$2,150
$1,700
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