Given :
Marcus is a recent college graduate. He has $18,000 in student loans. He took out a loan to buy a car and owes $16,000. The car is now worth $14,000. He got his first paycheck and has $1400 in his checking account.
To Find :
Marcus's net worth.
Solution :
We know, net worth is given by :
Net worth = $( Total amount owns - Total loan )
Net worth = $( 16000+1400) - ( 18000+14000)
Net worth = $(17400 - 32000)
Net worth = $-14600
Therefore, Marcus' net worth is $-14600 ( He is in a loan of $14600).
Hence, this is the required solution.
Did you say nevermind so I will just take these free points
Answer:
+1/2
Step-by-step explanation:
If the slope of the given line is -2, the slope of a line perpendicular to the given line is the negative reciprocal of -2, or +1/2.
Answer:
Absolute value is the distance on a number line. In other words, a number with absolute value will always be positive.
Answer:
Step-by-step explanation:
The total number of claim is the sum S of 1250 independent random variables,
each having poisson distribution with mean μ = 2
Since the Variance of poisson distribution is equal to its mean ,
the standard deviation of this is

By the CLT is follow that S is approximately normal with mean 1250*2 =2500
and standard deviation 
Hence, the probability to compute is
