Question

No 6pls help me!! it's due tomorrow and I have a lot of homework rn.

Answer 1

$1,000

Explanation:

• The worth of his motorcycle = $8000

,

• The amount in his savings account = $3000

,

• Student Loan = $10,000

To find Bob's net worth, subtract the students' loan from the sum of all the other assets.

`\begin{gathered} \text{Net Worth}=8000+3000-10,000 \\ =11,000-10,000 \\ =\$1,000 \end{gathered}`

Bob's net worth is $1,000.