Question

Assume you have a car worth $3,700 and investments worth another $5,400. If you owe

$1,250 on credit cards and that is your only debt, how much is your net worth? helppppp

Answer 1

7850

Explanation:

Net worth: Assets-debt

The assets are:

car

investments

The debts:

credit cards

so we have

(3700+5400)-1250= 7850