Answer: 1/3
Step-by-step explanation: The slope goes up 1 and over 3 each time. Rise over run : 1/3
Answer:
Paul has negative worth of $2,900
His statement is invalid as he did not consider all assets and debts in aggregate.
Step-by-step explanation:
The net worth of Paul is the total asset owned by him less the total of debts owed by him.
Paul's total assets can computed thus:
Stock portfolio $21,000
Home worth $365,000
Car worth $19,000
Total assets $405,000
Paul's total debts can be computed as follows:
Mortgage loan $362,000
Car loan $16,250
credit card debt $11,750
Student loan $17,900
Total debts $407,900
The amount of debts owed by Paul is $2,900($405,000-$407,900) more than his asset worth,which implies that Paul is indebted to the tune of $2,900,hence has negative worth.
No.
1/4 would be proportional to 9/36.
8/36 can be simplified to 4/18, and further reduced to 2/9.
Answer:
I do not know
Step-by-step explanation:
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