Estimating Net Worth. Mia has $2 comma 3702,370 in assets, a finance company loan for $428428,...
Estimating Net Worth. Mia has
$2 comma 3702,370
in assets, a finance company loan for
$428428,
and an outstanding credit card balance of
$183183.
Mia's monthly cash inflows are
$1 comma 6301,630,
and she has monthly expenses of
$1 comma 4041,404.
What is Mia's net worth?
Mia's net worth is
$nothing.
(Round to the nearest dollar.)
Homework Answers
Mia's net worth
= assets - a finance company loan - an outstanding credit card balance + monthly cash inflows - monthly expenses
= $ (2370 - 428 - 183 + 1630 - 1404)
= 4000 - 2015
= $ 1985
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Estimating Net Worth. Mia has
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