Using the information below determine Layla's Net Worth: Savings Account: $5,000, Checking Account: $2,400, Car Payment: $335/month for 12 months, Owns a boat: $2,300, Rent: $850/month for 12 months, Television: $400, Laptop: $900
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A: Compute the net worth:The net worth of shelly is $143,900.Excel spread sheet:
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A: Invested amount is P150,000 Account balance today is P168,900 Interest rate is 13% converted…
Q: Jennifer Pontesso, from Lincoln, Nebraska, wants to better understand her financial situation. Use…
A: Net worth =Total assets -Total liabilities=$331,000-$173,240=$157760
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- Ted owns a car worth $40,000. Owns home worth $275,000, Checking acct with $800, Saving Acct with $1,900, mutual fund worth $110,000. Personal assets worth $90,000. He still owes $25,000 on his car and $150,000 on his home, and has balance on credit card of $1,600. What's Ted net worth?Hadiya Benzema is reviewing her assets and liabilities. What is her net worth? Assets: Cash in checking account, $1,000 Cash in savings account, $2,800 Current value of investments in U.S. savings bonds, $4,000 Current value of investments in stocks & mutual funds, $9,700 Current cash value of life insurance, $7,300 Current value accrued pension benefit, $25,000 Current value of house, $155,000 Current value of furniture and appliances, $8,000 Current value of jewelry, $600 Current value of automobile, $7,200 Liabilities: Current unpaid bills, $800 Home mortgage unpaid balance, $100,000 Auto loan unpaid balance, $3,200 Property Taxes owed, $1,000 Home improvement loan balance, $1,200Becky graduated with a master degree in Personal Financial Planning. After working two years in a small financial planning firm, Becky earns $70,870 annually and saves $12,418 a year. What is her average propensity to consume? (Keep 2 decimal places)
- Diana has determined the following information about her own financial situation. She has to pay a monthly rent of $1,488, her monthly expenditure on food is $596, the phone and internet bill for the month was $55, the electricity bill for the month was $60; she spends on average $316 per month on eating out. Gasoline and monthly parking costs her $159 and her personal computer is valued at $1,067. Diana's checking account is worth $2,473 and her savings account is worth $2,393. She owns her own house that has a market value of $211,983 and her car is worth $16,008, of which she still owes $6,122 to the local bank. She pays $235 per month for her car loan. She has household possessions worth $7,109 and a home sound system worth $1,717 and she has a retirement account with $31,294 in it. She has a monthly income of $5,604. She has a mortgage of $127,571 with a payment of $550 per month, an educational loan with a balance of $14,064 and payments of $279 per month, and a MasterCard credit…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) 479,000Shelly's assets include checking & savings acct, stocks, household property, coin collection. Shelly calculates that her total assets are $165,200. Her current unpaid bills include auto loan, credit balance, taxes, total $21,300. Calculate her net worth.
- Mrs. Pores invested ₱150,000 in a bank that pays an 13% interest converted monthly. If her account balance today amounts to ₱168,900, approximately how many months did she invest her money? Group of answer choicesIf Joe and Mary Smith have money market accounts of $100,000, real estate holdings of $300,000, loans of $25,000, and investments of $10,000, what would their total assets be?Gabrielle owns the following major assets: $280,000 house, $10,000 car, $70,000 in a Roth IRA, and $20,000 in a savings account. She owes $70,000 on her mortgage, the car is paid off, and she does have not credit card debt. Gabrielle is 32 years old and makes $67,000 a year as a professional photographer & Web designer. Calculate her net worth. O $310,000 O $140,000 O $280,000 O $377,000
- Jamie McFarland has determined that the value of her liquid assets is $4,500, the value of her real estate is $128,000, the value of her personal possessions is $62,000, and the value of her investment assets is $73,000. She has also determined the value of her current liabilities is $5,700 and the value of her long-term liabilities is $89,000. What is the total value of her debts?Your grandmother deposited $10,000 in an investment account on the day you were born to help pay the tuition when you go to college. If the account was worth $50,000 seventeen years after she made the deposit, what was the rate of return on the account?Jim Lawler spends 23% of his income on housing, 10% on food, 9% on clothing, 17% on transportation, 12% on education, 8% on recreation, 6% on miscellaneous, and saves the balance. If his savings amount to $220 per month, what are his monthly earnings?