Answer:
Samuel's net worth $500.
Step-by-step explanation:
Samuel has the bank balance of $2,000.
He owns a Car worth $9,000
His Total assets = Bank balance + Car's worth.
Total Assets = 2000 + 9000 = $11,000
Samuel has a student loan worth $10,000
His credit card bill is 500 dollars.
His total liability = Student loan + Credit card bill.
Total Liability = 10,000 + 500 = $10,500.
We know Net worth = Total Assets - Total Liability
Samuel's net worth = 11,000 - 10,500 = $500
