Question

Marcelus is a 19-year old college student. His assets and liabilities are listed below. What is the total value of his assets?

Answer 1

wats your chooses

Answer 2

a. $18,168
b. $18,434
c. $20,392
d. $31,434

Answer 3

Student Loans $29,476
Car Value $12,290
Savings Account Balance $153
Pool Table $1,850
Electronic Equipment $3,875
Credit Card Balance $1,958
Checking Account Balance $266

Answer 4

hey did u finish ur previous problem ?

Answer 5

ima say a college assets liabilities are gonna be about 20,392 C.

Answer 6

i think so evilbrand gave me the answer, im not sure if its right though

Answer 7

ima check it

Answer 8

@ganeshie8 can u solve it or help me

Answer 9

assets are physical things a person has correct?

Answer 10

i was working on earlier problem lol... it was bit tedius...

Answer 11

oh i see xD

Answer 12

lol

Answer 13

Assets - as the name says are the positive things which increase ur money/value.

Answer 14

A vehicle loan is not an asset,
however a vehicle is an asset

Answer 15

so
Car Value $12,290
Savings Account Balance $153
Pool Table $1,850
Electronic Equipment $3,875

Checking Account Balance $266

Answer 16

Student Loans $29,476
Car Value $12,290 **************
Savings Account Balance $153 *****************
Pool Table $1,850 *************
Electronic Equipment $3,875 **************
Credit Card Balance $1,958
Checking Account Balance $266 ************

Answer 17

Yes, you got it !
just add them all

Answer 18

so B? ^_^

Answer 19

B is right

Answer 20

wow i was wrong lol i tryed and im sorry

Answer 21

lets go back to ur previous problem... if u want..

Answer 22

no its fine lol, and okay thank you! here it is http://openstudy.com/study#/updates/5350236ee4b048ad9ac48f97

Answer 23

lol these are not easy problems.... financial algebra is the most difficult subject at highschool level !

Answer 24

yeah it is extremely confusing xD