The answer to this question would be: <span>-$1,700
In this question, we can separate the account into positive/debit and negative/credit value. The positive/debit value should be:
Joaquin has $1,300 in the bank He has $4,000 worth of investment Total positive value = $1300 + $4000= $5300
The negative value should be </span><span>$7,000 worth of credit card debt </span>Total positive value =$7000 <span> Then the net worth should be: $5300 - $7000= -$1700</span>