Question

Patricia has a car worth 7300 dollars. She owe a loan for 1500 dollars. She has a 1000 in her savings account. She owe a cellphone bill for 250 dollars. She also get a weekly allowance of 75 dollars. What is her net worth?

Answer 1

Answer:

$6625

Step-by-step explanation:

7300 - 1500 + 1000 - 250 + 75

Owing money decreases your net worth.

Having equity or owning assets increases your net worth.