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never [62]
3 years ago
9

Joaquin has $1,300 in the bank and has investments worth $4,000. He also has $7,000 worth of credit card debt. What is Joaquin's

net worth? Select the best answer from the choices provided. $1,300 -$7,000 $5,300 -$1,700
Mathematics
1 answer:
svetlana [45]3 years ago
7 0
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>
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