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
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, $1,200
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