ssets Value

Question

Car $4,500
Computer $1200
Savings account $450
Total Assets $
Liabilities Balance Owed
Car Loan $3,000
Credit card balance $1000
Total Liabilities $
Net worth

Answer 1

Assets Value
Car $4,500
Computer $1,200
Savings Account $450
Total Assets $6,150

Liabilities Balance Owed
Car Loan $3,000
Credit Card Balance $1,000
Total Liabilities $4,000

Net Worth = Total Assets - Total Liabilities = $6,150 - $4,000 = $2,150