Personal and family finance Answer question 1-6 on the basis of the following information....
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Personal and family finance
Answer question 1-6 on the basis of the following information. Ignore taxes. At the end of the month, after all current bills and short term obligations for the period have been paid Bill notices that he has the following balances in his ledgers: Monthly Wages 3,500 Current Market Value of Car 28.000 Car Loan Balance 17.500 Monthly Rent 2,000 Monthly car payment 450 Credit Card Balance 6,200 Cash 2850 Monthly Interest Expense 250 Illiquid Investment Assets 6,000 Checking Account 3.700 | Monthly Clothing Expense 150 Savings Account 6,250 Monthly Investment Income 200 Money Market Account 6.200 Monthly Grocery Bill 450 Certificate of Deposit 6,500 Monthly gasoline expense 200 How rich is bill? (no dollar signs or commal Answer question 1-6 on the basis of the following information. Ignore taxes. At the end of the month, after all current bills and short term obligations for the period have been paid Bill notices that he has the following balances in his ledgers: Monthly Wages 3,500 Current Market Value of Car 28.000 Car Loan Balance 17.500 Monthly Rent 2,000 Monthly car payment 450 Credit Card Balance 6,200 Cash 2850 Monthly Interest Expense 250 Illiquid Investment Assets 6,000 Checking Account 3.700 | Monthly Clothing Expense 150 Savings Account 6,250 Monthly Investment Income 200 Money Market Account 6.200 Monthly Grocery Bill 450 Certificate of Deposit 6,500 Monthly gasoline expense 200 How rich is bill? (no dollar signs or commal
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