Question

Lenora is a college student with a student loan of $7,500. Her tuition is $3,200 per year. She owns $470 worth of text books and a has a laptop computer worth $950. She also has a meal plan at school for which she pays $250 per month.

Which is one of Lenora’s assets?

Answer 1

The correct answer is textbooks, because she owns them.

Answer 2

Lenora’s assets is text books

Step-by-step explanation:

given data

student loan = $7,500

tuition = $3,200 per year

owns worth of text books = $470

laptop computer = $950

meal plan = $250 per month

solution

Lenora’s assets is the text books

because Lenora is only own text books worth = $470

and Lenora pay other by loan

so that here Lenora’s assets is text books