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miv72 [106K]
2 years ago
10

Please help!

Mathematics
1 answer:
Levart [38]2 years ago
7 0

Using it's concept, it is found that his net worth is given by:

C) $1,052,662

<h3>What is the net worth of an individual?</h3>

It is given by the <u>sum of the individual assets subtracted by the sum of it's liabilities</u>.

In this problem:

  • The sum of his assets is of $178,000 + $1,055,000 = $1,233,000.
  • The sum of his liabilities is of $145,908 + $34,430 = $180,338.

Hence, his net worth is given by:

Net worth = $1,233,000 - $180,338 = $1,052,662.

Which means that option C is correct.

More can be learned about net worth at brainly.com/question/27218751

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