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gladu [14]
3 years ago
9

Donna has a home currently worth $142,000, for which she still owes $63,000 on her mortgage. She has $18,000 in student loan deb

t and $13,000 in credit card debt. She likes to keep an emergency fund, so she has $1000, in a savings account. Her annual salary this year will be $44,000. What is Donna's net worth?
Business
1 answer:
Elan Coil [88]3 years ago
8 0

Answer:

$49,000

Explanation:

Donna's net worth is the total value of her assets minus the total value of her liabilities.

Donna's total assets = $142,000 + $1,000 = $143,000

Donna's total liabilities = $63,000 + $18,000 + $13,000 = $94,000

Donna's net worth = $143,000 - $94,000 = $49,000

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