Catherine Jones has determined the following information about her own financial situation.Her checking account is worth $500 and her savings account is worth $900.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 an annuity worth $5,500 and she has a retirement account worth $38,550.What is the value of her liquid assets?
A) $1,400
B) $98,000
C) $27,800
D) $44,050
E) $171,900
Correct Answer:
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