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Part B

Maria has $3,000 in the bank, has a home worth $150,000, and has a $75,000 home loan. She also has $10,000 in Investments and a $15,000
student loan. What is Maria's net worth? Show your work please

Part B Maria has $3,000 in the bank, has a home worth $150,000, and has a $75,000 home-example-1
User Cobaltduck
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1 Answer

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Answer:

$73,000

Explanation:

To answer, you simply subtract and add numbers along the way. First, because Maria has money in the bank and her home is worth money, we add those numbers together:

3,000 + 150,000 = 153,000

Now, because she has a home loan, that means she owes money, so you subtract that from her net worth so far:

153,000 - 75,000 = 78,000

Her investments money would be added:

78,000 + 10,000 = 88,000

And another student loan would be subtracted:

88,000 - 15,000 = 73,000

So, Maria's net worth is $73,000

Hope this helps :)

User Peter Monks
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