What is the total value of darlene assets

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Reference no: EM131892530

1. Darlene Wilson has the following financial amounts: checking account balance $1,050, savings account $3,900, credit card balance $1,690, jewelry $1,825, current market value of home $104,000, a mortgage on the home of $78,000. What is the total value of Darlene's assets?

2. An investor starts with $1 million and converts it to 0.75 million pounds, which is then invested for one year. In a year the investor has 0.7854 million pounds, which she then converts to dollars at an exchange rate of 0.62 pounds per dollar. What is the U.S. dollar annual rate of return earned (in percent)?

Reference no: EM131892530

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