Question: 1. Calculating Net Worth. Shellys assets include money in checking and savings accounts, investments in stocks and mutual funds, and personal property, including furniture, appliances,
1. Calculating Net Worth. Shelly’s assets include money in checking and savings accounts, investments in stocks and mutual funds, and personal property, including furniture, appliances, an automobile, a coin collection, and jewelry. Shelly calculates that her total assets are $108,800. Her current unpaid bills, including an auto loan, credit card balances, and taxes total $16,300. Calculate Shelly’s net worth. (Obj. 2)
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