Katherine Kocher Has Determined the Following Information About Her Own

question 26

Multiple Choice

Katherine Kocher 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. She has recently purchased a 2-year certificate of deposit worth $5,500 and she has a retirement account worth $38,550. What is the total value of her assets?

• A) $127,850
• B) $98,000
• C) $168,600
• D) $159,900
• E) $171,900

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Definitions:

Ethyl

A functional group or moiety consisting of two carbon atoms and five hydrogen atoms (–C2H5), often derived from ethanol.

Dimethyldodecane

An organic compound structured as a dodecane backbone with two methyl groups attached, used in various chemical contexts.

Alkane

A hydrocarbon compound consisting only of carbon and hydrogen atoms arranged in a tree structure with single bonds.

Alkane

Saturated hydrocarbons consisting of carbon and hydrogen atoms connected by single bonds in a tree structure, without any cycles or double bonds.