Katherine Kocher Has Determined the Following Information About Her Own

question 76

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 value of her personal assets?

• A) $2,050
• B) $98,000
• C) $27,800
• D) $44,050
• E) $171,900

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