Question

The svensons Find a refrigerator valued at $2300 on sale for $1900. They decide to withdraw $500 from savings to use as a down payment on the purchase of the refrigerator and take out a loan to pay the balance choose the true statement
A. The Svenson's assets increased by $1400
B. The Svenson's assets increased by $1800
C. The Svenson's assets increased by $1900
D. The Svenson's assets increased by $2300​

Answer 1

Answer:

B

Explanation:

Answer 2

Answer: The Svenson's assets increased by $1800

Explanation:

From the question, we are informed that the Svensons found a refrigerator valued at $2300 on sale for $1900 and they decide to withdraw $500 from savings to use as a down payment on the purchase of the refrigerator and take out a loan to pay the balance.

Based on the above scenario, the Svensons assets will increase by:

= $2300 - $500

= $1800

The savings withdrawn will be removed from the normal value of the refrigerator. Therefore, the answer is that "The Svenson's assets increased by $1800".