Question

ITEMVALVEHouse (current value)Automobile (current value)Retirement AccountStudent LoanChecking AccountCredit Card Debt$75,400$3,200$8,420-$24,980$2,700-$ 18,900Total Assets:Total Liabilities:Net Worth:

Answer 1

The total assets are the sum of the positive values, then the total assets are:

`89720`

the total liabilities are the sum of the negative values, then the total liabilities are:

`43880`

The net worth is the total assets minus the total liabilities, therefore the net worth is:

`45840`