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:
$82.5
Step-by-step explanation:
$16.50 * 5 = $82.5
Answer:
This is my answer !
Step-by-step explanation:
2 ones 2 hundredths and 5 thousandth
Answer:
and 
Step-by-step explanation:
Given
See attachment for complete question
Required
Determine the equilibrium solutions
We have:


To solve this, we first equate
and
to 0.
So, we have:


Factor out R in 

Split
or 
or 
Factor out W in 

Split
or 
Solve for R


Make R the subject


When
, we have:




Collect like terms

Solve for W




When
, we have:



Collect like terms

Solve for R


So, we have:

When
, we have:





So, we have:

Hence, the points of equilibrium are:
and 
Answer:
Step-by-step explanation:
this has bean simplifyed dow to
= -1/6