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:
B. 600 ft
Step-by-step explanation:
The formula for the Perimeter of a right triangle = Side a + Side b + Side c
The perimeter of a right triangle is 60 feet
If the lengths of the sides of the triangle are each multiplied by 10, what is the perimeter of the new right triangle?
Hence, the perimeter of the new right triangle = 10 × 60ft
= 600ft
Option B is the correct Option.
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Answer:
- Area of the circle is 113.04 ft²
Step-by-step explanation:
Given:
- Diameter of circle = 12 feet
To Find:
Using formula:
<em>Where,</em>
- π = 3.14
- Diameter = 12 feet
- Radius = 12/2 = 6 feet
On substituting the required values, we get:
Hence,
- Area of the circle is<u> </u>113.04 ft²
Distance = speed* time
D= constant rate *1/4 miles/hour
