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.
Time = Distance / speed
Time = 20 miles / 12mph
Time = 1 and 2/3 hours ( 1 hour and 40 minutes)
Answer:
compostion
Step-by-step explanation:
comPOSTION
Answer:
5, -9
Step-by-step explanation:
(x - 5)(x + 9) = 0 These are factors, to get the roots, just set each one equal to zero
x - 5 = 0
x = 5
x + 9 = 0
x = -9
Answer: 
Step-by-step explanation:
Given
Marcos purchased a sailboat for 
Each year the boat will decrease in value by 
After 1 year it is
after another year it becomes
After 
years it is
