Answer:
Cheryl's net worth is;
c). $5,000
Explanation:
The net worth is the value of an individual taking into account all the individual's assets and liabilities. It is a holistic view on the value of an individual. It is also used to estimate the value of a company, corporation and even countries. It is one of the standard measures used to gauge an entity's wealth. The net worth can be calculated by taking the difference between assets and liabilities. An asset is anything of economic value that is owned by an entity while a liability is anything of economic value that is owed.
The following formula can be used to estimate Cheryl's net worth;
N=A-L
where;
N=net worth
A=assets
L=liabilities
In our case;
N=unknown to be determine
A=Automobile+checking account
Automobile=$10,000 and checking account=$5,000
A=10,000+5,000=$15,000
L=student loan+car loan
student loan=$2,000
car loan=$8,000
L=2,000+8,000=$10,000
replacing;
N=15,000-10,000=$5,000
Cheryl's net worth=$5,000
Answer:
2 is the answer because of the method which has been discribed by the book
The answer to the first question is C. screen;deductible;premium. <span>By offering a menu of policies with different premiums and deductibles, insurance companies can <span><em>screen</em></span> their customers; for example, a low-risk customer </span><span>will often buy insurance with a lower <em>deductible</em> but a higher <em>premium</em> than a high-risk customer.
The answer to the second question is C $2, 161.98. </span>
Answer:
He needs to make sure his checking account balance is sufficient enough to cover the check
Explanation:
