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Matt has $900 in a checking account, has $15,000 in investments, owns an

$8000 car, and owns a $30,000 house. What is the total value of his large
assets

User Alexys
by
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1 Answer

3 votes

Final answer:

The total value of Matt's large assets, which include his investments, car, and house, adds up to $53,000.

Step-by-step explanation:

The student is asking about calculating the total value of large assets that Matt owns. To find this, we add up the value of the investment, car, and house as these are considered large assets. The checking account is generally not included in large assets, as it is considered liquid cash rather than an asset of substantial value like property or investments.

  • Investments: $15,000
  • Car: $8,000
  • House: $30,000

We calculate the sum of these amounts to get the total value of Matt's large assets:

$15,000 + $8,000 + $30,000 = $53,000

Therefore, the total value of Matt's large assets is $53,000.

User Avo
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