Your Grandma gave you a $100 towards buying a $700 computer. You put $600 on a credit card. You didn't take any money out of your $300. Save in the account. What are your total assets

1 answer

Your total assets would be calculated by adding up the value of all your holdings. In this case, your total assets would be:

$100 (from your Grandma)
$600 (put on the credit card)
$300 (remaining in the account)

So, your total assets would be $100 + $600 + $300 = $1000.