What is the value of investment assets


Question: Chloe Jones 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 mutual fund worth $4,500 and she has a retirement account worth $62,300. What is the value of her investment assets? Multiple Choice $2,050 $98,000 $171,900 $66,800 $27,800

 

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Accounting Basics: What is the value of investment assets
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