cesar is 35 years old. he has $370 in a checking account, $2900 in a savings account, $13,000 in a…

cesar is 35 years old. he has $370 in a checking account, $2900 in a savings account, $13,000 in a retirement account, and owns a car worth $5900. what is the total value of his liquid assets?\n\na. $3270\nb. $18,900\nc. $2900\nd. $22,170

cesar is 35 years old. he has $370 in a checking account, $2900 in a savings account, $13,000 in a retirement account, and owns a car worth $5900. what is the total value of his liquid assets?\n\na. $3270\nb. $18,900\nc. $2900\nd. $22,170

Answer

Explanation:

Step1: Identify liquid assets

Liquid assets are checking and savings accounts. Retirement account and car are not liquid.

Step2: Calculate total liquid assets

Add value of checking and savings accounts: $370 + 2900$. $370+2900 = 3270$

Answer:

A. $3270$