Mathematics
Mathematics, 20.04.2020 16:00, electrofy456

Paul has a stock portfolio worth $21,000. His home is valued at $365,000. His car is valued at $19,000. He owes $362,000 on his mortgage and $16,250 on his car loan. His credit card debt is $11,750. He owes student loans of $17,900. Paul says that because the value of his home and his car exceed their loans and his stock portfolio exceeds his credit card and student loan debt, he has a positive net worth. Complete the explanation as to whether his statement is true or not. Paul's stock portfolio the total of his credit card and student loan debt. His net worth is dollars. Therefore, Paul has a net worth, and his statement is .

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Paul has a stock portfolio worth $21,000. His home is valued at $365,000. His car is valued at $19,0...

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