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Calculate the m value of jane doe financial holdings

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Reference no: EM132593707

Jane Doe has the following assets.

$100 in her wallet

$800 in her checking account

$1,000 in her savings account

A $20 traveler's check from her last business trip to China.

A $300 outstanding credit card bill.

$3,000 in a small certificate of deposit

A car worth $5,000.

A house, worth $200,000.

Question 1: Calculate the M1 value of Jane Doe's financial holdings.

Group of answer choices

Option 1: $920

Option 2: $100

Option 3: $900

Option 4: $800

Reference no: EM132593707

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