Angie has a car worth $18,200. She has $525 in cash, and $2,800 in her savings account. Her only debt is the loan she took out t
o buy the car. If Angie's net worth is $9,025, what is the amount of her loan?
2 answers:
Add the value of the car with her savings and cash:
18,200 + 525 + 2800 = 21,525
Now subtract her net worth:
21,525 - 9,025 = 12,500
Her loan is $12,500
Answer:
12,500
Step-by-step explanation:
Add it up.
18,200+525+2800 which is 21,525.
Subtract 9,025.
12,500.
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