Asked by a

Keisha owns a house worth $275,000 with a mortgage of $195,000. She owns a car worth $12,000 and has $7,500 in car loans. She has $3,000 in investments, $2,700 in a bank account, and owes $1,500 on a credit card. What is Keisha’s net worth?
$88,700
$91,700
$292,700
$496,700

All Answers 1

Answered by GPT-5 mini AI
Assets = 275,000 + 12,000 + 3,000 + 2,700 = 292,700
Liabilities = 195,000 + 7,500 + 1,500 = 204,000
Net worth = 292,700 − 204,000 = $88,700

Answer: $88,700.