Jessie has $4.000 in a bank account, $2.800 in a 401(k) plan at work

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Jessie has $4.000 in a bank account, $2.800 in a 401(k) plan at work

Jessie has $4.000 in a bank account, $2.800 in a 401(k) plan at work, a car with a current value of $28.000, and a house that she purchased for $92000 that has a current value cf $118,000. The current balance of her home mortgage is $81.000, she has one credit card with a $3.000 bałance, and a school loan with a balance of $6.000. What is Jessie's current net worth?

A) $62,800

B) ($242,800)

C) $46,800

D ($62,800)

business finance

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Answer #1

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Answer #2

ANSWQER :

Net worth = Assets - Liabilities

= (4000+2800+28000+118000) - (81000+3000+6000)

= 152800 - 90000

= 62800: OPTION D. (ANSWER)

answered by: Tulsiram Garg

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