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Use the information provided below to determine Fred and Betty Philip's net worth. Mortgage Balance $100,000 Personal Property 40,000 Annual salary 60,000 Mortgage payments 1,000/mo
Use the information provided below to determine Fred and Betty Philip's net worth.
| Mortgage Balance | $100,000 |
| Personal Property | 40,000 |
| Annual salary | 60,000 |
| Mortgage payments | 1,000/mo |
| 401(k) | 30,000* |
| Auto note | 20,000 |
| Master Card balance | 8,000 |
| Money Market Mutual Fund | 24,000(earmarked to emergency fund) |
| Home | 250,000 |
| Car payment | 500/mo |
*Vested balance =$24,000
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| a) | $186,000 |
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| b) | $210,000 |
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| c) | $218,000 |
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| d) | $278,000 |
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Profit First For Lawn Care And Landscape Businesses
Authors: Christeen Era, Steven A Rigolosi, Mike Michalowicz
1st Edition
0578908158, 978-0578908151
