Question

Quinn lives in a house with a value of $235,000.

She has a mortgage of $170,000. She owes $5,900
on her car, which is valued at $17,900. She has a
credit card balance of $823. Quinn also has $1,200
in a bank account. What is Quinn’s net worth?
A $76,177
B $77,377
C $82,900
D $84,100
PLEASE HELP!

Answer 1

Quinn has $65,000 in equity in her house, $12,000 of value in her car, and $307 in her bank, with a total of $77,377 of net worth