Advanced Placement (AP), 11.03.2021 23:50, zaratayyibah

2. What is person's net worth based on this statement? Hint: Net worth = Assets - Liabilities. Explain which ones are assets and which are liabilities.
Net Worth Statement
Item
Value
House (current value)
Checking account
$900
Credit card debt
-$3,400
Automobile (current value)
$16,900
Student loans
--$16,300
Investments
$4,500
Savings account
$1,200

Answers: 3

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2. What is person's net worth based on this statement? Hint: Net worth = Assets - Liabilities. Expl...