Question

Angie has a car worth $18,200. She has $525 in cash, and $2,800 in her savings account. Her only debt is the loan she took out to buy the car. If Angie's net worth is $9,025, what is the amount of her loan?

Answer 1

12,500

Explanation:

Add it up.

18,200+525+2800 which is 21,525.

Subtract 9,025.

12,500.

Hope this helps plz hit the crown :D

Answer 2

Add the value of the car with her savings and cash:

18,200 + 525 + 2800 = 21,525

Now subtract her net worth:

21,525 - 9,025 = 12,500

Her loan is $12,500