Vijay owns a house worth $250,000 with a mortgage of $150,000. he has $3,000 in stock investments and $1,700 in a checking account. he owns a piano worth $1,800. he also owns a car worth $18,000 and owes $6,000 in car loans. vijay wants to create a net worth statement. what are vijay’s total assets, liabilities, and net worth?

Frank is lending $1,000 to sarah for two years. frank and sarah agree that frank should earn a real return of 4 percent per year. instructions: a. the cpi (times 100) is 100 at the time that frank makes the loan. it is expected to be 113 in one year and 127.7 in two years. what nominal rate of interest should frank charge sarah?