29. Jenson is 40 years old and employed as a senior manager, Jenson's insurance agent assesses his disability insurance

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

29. Jenson is 40 years old and employed as a senior manager, Jenson's insurance agent assesses his disability insurance

Post by answerhappygod »

29. Jenson is 40 years old and employed as a senior manager, Jenson's insurance agent assesses his disability insurance needs and gathers the following information regarding his assets and liabilities: Assets Liabilities Home $730,000 'Home mortgage’ $344,000 Car (owned) $60,000 Car loan $31,000 RRSP $75,000 Line of credit $17,000 Cash in bank $21,000 Credit card $5,600
What is Jenson's net worth?
a. $1,283,600
b. $494,000
c. $488,400
d. $886,000
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”