Register
Samantha has the following assets and liabilities. What is her net worth? Assets car - $4,200 savings account - $200 cash - $20 Liabilities car loan - $1,500 credit card - $100
227k views
18 votes
Samantha has the following assets and liabilities. What is her net worth?

Assets
car - $4,200
savings account - $200
cash - $20
Liabilities
car loan - $1,500
credit card - $100

User Gopinath
by
7.6k points

1 Answer

2 votes
Net worth = Assets - liabilities

$4,200 + $200 + $20 - $1,500 + $100
$4,820 - $1,600
= $3,220

Net worth = $3,220
User Quacy
by
8.4k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Link Copied!