What are two purposes of government you Let us look at a family with a house worth $298,406. They have two cars worth $18,721 and $20,333 based on their market values. Their checking account has a balance of $6,520, and their savings account has a balance of $10,631. They also have investments totaling $24,206. Their liabilities include a mortgage of $152,800, credit card debt of $23,193, and a personal loan with a balance of $33,341.

What is this family’s net worth?

Respuesta :

The correct answer would be 9308

Answer:

Their net worth is $169,483

Step-by-step explanation:

Net worth = Assets - Liabilities

Assets: 298,406 + 18,721 + 20,333 + 6,520 + 10,631 = 378,817

Liabilities: 152,800 + 23,193 + 33,341 = 209,334

Net worth = 378,817 - 209,334 = 169,483

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