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.
Answer:
its 5 m/minute
Step-by-step explanation:
you have to use the units that are given in the equation
pls mark brainliest if you geel like it...
Answer:
196 miles
Step-by-step explanation:
if he goes 140 miles with 5 gallons, each gallon lets him go 28 miles.
140miles/5gallons=28miles/1gallon
then 7 gallons lets you go 196 miles
brainliest please :)
