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:
I think this will help
Step-by-step explanation:
Make a point at(-5,-6) then go up two boxes and right three boxes.
Answer:
29.3 cm
Step-by-step explanation:
converting 70 degrees into radians, we get=(7/18)×π
now we know,
length of the arc= {(7/18)×π} × 24 (radius of the circle)
= 29.3 cm
The answer to this is irrational
