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:
3.
Step-by-step explanation:
3(n + 4) = 21
3n + 12 = 21
3n = 21 - 12 = 9
n = 3.
The answer to your problem is A 1/3, is the possibility for a passenger who arrives at noon.
Wouldnt it be 7 bc 7*6 is 42
