Ask Question
1 April, 15:26

Jean Marie has $4,000 in the bank, $500 worth of credit card debt and a $15,000 student loan. Jean Marie would like to know her net worth. She finds the difference between her assets, $4,500, and her liabilities, $15,000, and determines her net worth is - $10,500. Evaluate Jean Marie's determination.

- Her calculations are correct.

- She counted a liability as an asset.

- She counted an asset at a liability.

- Her answer should be positive.

+3
Answers (1)
  1. 1 April, 15:39
    0
    4,000 in bank - 500 and 15000 so she had - 20000 + 4000 so it equals - 16000
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Jean Marie has $4,000 in the bank, $500 worth of credit card debt and a $15,000 student loan. Jean Marie would like to know her net worth. ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers