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?(1 point)

Answer 1

To calculate your total assets, you need to consider all the assets you have:

1. Savings Account: $300
2. Computer Value: $700

Adding these together gives you:

Total Assets = Savings Account + Computer Value
Total Assets = $300 + $700 = $1000

So, your total assets are $1000.