Patricia mcdonald has determined the following information about her own financial situation. her checking account is worth $850 and her savings account is worth $1,200. she owns her own home that has a market value of $98,000. she has furniture and appliances worth $12,000 and a home computer and laptop worth $3,300. she has a car worth $12,500 and owes $7,800 on her auto loan. she has also purchased some stock worth $5,500 and she has a retirement account worth $38,550. what is the total value of her assets?

Total value of her assets is $171900.

Explanation:

Given information:

Checking account = $850

Savings account = $1,200

Home = $98,000

Furniture and appliances = $12,000

A home computer and laptop = $3,300

Car = $12,500

Owes = $7,800  (Liability)

Stock worth = $5,500

Retirement account = $38,550.

In the above Reformation all are Patricia McDonald assets except Owes $7,800. So, the total value of her assets is

Therefore total value of her assets is $171900.

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answer; it can vividly demonstrate product attributes and persuasively explain their corresponding consumer benefits;