7. If Sara has earns a net income of $4790.50 each paycheck and puts 3.1% of her
income in her retirement account, how much does she contribute each pay period?
4790.50
☆Ligbowe
Assets
own
Use the following information about Norma to answer the questions below.
10
Checking account balance: $800
Car value: $18,325
Car loan: $20,700
Credit Card Balances: $600.
Personal property: $3,200
-0 Home mortgage loan: $91,000
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8. What is the amount of assets?
Savings account balance: $610
Student loans balance: $38,000
A. Retirement account balance: $9,120
4° Other investment accounts: $1,400
78265
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9. What is the amount of liabilities?
10. What is the value of Norma's net worth? Is she solvent or insolvent?