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Your grandma gave you S100 toward buying a S700 computer. You put $600 on a credit card. You didn't take any money out of your...Asked by Jozikee
Your grandma gave you $100 toward buying a $700 computer. You put $600 on a credit card. You didn't take any money out of your $300 savings account. What are your total assets?
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Answered by
GPT 3.5
Your total assets can be calculated by adding up the value of your savings account, the $100 from your grandma, and any remaining balance on your credit card.
Total assets = Savings account + Grandma's gift + Credit card balance
Total assets = $300 + $100 + ($700 - $600)
As you didn't take any money out of your savings account, the remaining balance on your credit card would be $700 - $600 = $100.
Total assets = $300 + $100 + $100
Total assets = $500
Therefore, your total assets amount to $500.
Total assets = Savings account + Grandma's gift + Credit card balance
Total assets = $300 + $100 + ($700 - $600)
As you didn't take any money out of your savings account, the remaining balance on your credit card would be $700 - $600 = $100.
Total assets = $300 + $100 + $100
Total assets = $500
Therefore, your total assets amount to $500.
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