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bazaltina [42]
3 years ago
7

If your net worth is 50,000 and you pay off your student loan from your savings account how will your net worth statement be aff

ected?
Mathematics
1 answer:
Zinaida [17]3 years ago
5 0
You net worth will decrease because you’re paying a loan from the money that you have. While your net worth decreases your liabilities will decrease because you will no longer have a loan to pay for.
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