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Using the following information about the family's assets and liabilities, calculate the total assets: Checking account: $3,000 Savings account: $13,000 Credit Card Balance: $5,500 Utility
Using the following information about the family's assets and liabilities, calculate the total assets: Checking account: $3,000 Savings account: $13,000 Credit Card Balance: $5,500 Utility bill: $500 Home: $320,000 Mortgage (30 years): $210,000 Car: $25,000 Car loan (60 months): $18,000 Student loan (7 years): $25,000 Household items: $15,000 Retirement Account: $64,000 Other assets: $39,000 A. $464,000 B. $400,000 C. $415,000 D. $479,000
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