The assets and liabilities of a doctor are listed below.

\begin{tabular}{|c|c|}
\hline Home Value & [tex]$\$[/tex] 475,732[tex]$ \\
\hline Mortgage & $[/tex]\[tex]$ 105,678$[/tex] \\
\hline Credit Card Balance & [tex]$\$[/tex] 7,264[tex]$ \\
\hline Owned Work Equipment & $[/tex]\[tex]$ 45,798$[/tex] \\
\hline Car Value & [tex]$\$[/tex] 50,761[tex]$ \\
\hline Investments & $[/tex]\[tex]$ 75,283$[/tex] \\
\hline Personal Loan & [tex]$\$[/tex] 32,187[tex]$ \\
\hline
\end{tabular}

What is the total value of the doctor's capital assets?

A. $[/tex]\[tex]$ 45,798$[/tex]
B. [tex]$\$[/tex] 50,761[tex]$
C. $[/tex]\[tex]$ 572,291$[/tex]
D. [tex]$\$[/tex] 647,574$



Answer :

To determine the total value of the doctor's capital assets, we need to sum up the values of all the individual capital assets listed. The capital assets in this case are:

1. Home Value: [tex]$475,732 2. Owned Work Equipment: $[/tex]45,798
3. Car Value: [tex]$50,761 4. Investments: $[/tex]75,283

Let's add these values step-by-step to find the total value of the doctor's capital assets:

[tex]\[ \text{Total Capital Assets} = \text{Home Value} + \text{Owned Work Equipment} + \text{Car Value} + \text{Investments} \][/tex]

Substituting the given values:

[tex]\[ \text{Total Capital Assets} = 475,732 + 45,798 + 50,761 + 75,283 \][/tex]

Adding these:

[tex]\[ 475,732 + 45,798 = 521,530 \][/tex]
[tex]\[ 521,530 + 50,761 = 572,291 \][/tex]
[tex]\[ 572,291 + 75,283 = 647,574 \][/tex]

Therefore, the total value of the doctor's capital assets is:

[tex]\[ \boxed{647,574} \][/tex]