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What are total assets for jasmine smith

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Problem 1: Jasmine Smith owns a condo worth $260,000, a car valued at $33,500, and miscellaneous assets worth $11,500. She owes $188,000 on the condo and $14,000 on the car and has no other debts. Her retirement account, in which she is fully vested, contains $32,500 in mutual funds. She was just insured with a $680,000 term life insurance policy. What are her total assets?

Reference no: EM132734995

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