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: your answer is 32/51
Step-by-step explanation:
Answer:
10.5 miles
Step-by-step explanation:
You multiply the distance with the number of times he ran.
For the first problem the answer is -5/2
2x−7+10=−2
Step 1: Simplify both sides of the equation.
2x−7+10=−2
2x+−7+10=−2
(2x)+(−7+10)=−2
(Combine Like Terms)
2x+3=−2
Step 2: Subtract 3 from both sides.
2x+3−3=−2−3
2x=−5
Step 3: Divide both sides by 2.
2x/2=−5/2
x=−5/2
Answer:
x= -5/2
