Mia has $2800 in assets, a finance company loan for $561, and an outstanding credit card...
Mia has $2800 in assets, a finance company loan for $561, and an outstanding credit card balance of $138. Mia's monthly cash inflows are $1403, and she has monthly expenses of $1184. What is Mia's net worth?
Homework Answers
Net worth = Assets - Liabilities
Net worth = $2,800 - ($561 + $138)
Net worth = $2,101
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