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:
vvvvvvvv
Step-by-step explanation:
A.36
B.5
C.1.70
D.7
E.3.80
F.100
G.14
H.0.64
I.1.02
J.9
Basically you dived the two numbers for your awnser
Answer:
I think option A is correct answer
a) The linear function that models the population in t years after 2004 is: P(t) = -200t + 29600.
b) Using the function, the estimate for the population in 2020 is of 26,400.
<h3>What is a linear function?</h3>
A linear function is modeled by:
y = mx + b
In which:
- m is the slope, which is the rate of change, that is, by how much y changes when x changes by 1.
- b is the y-intercept, which is the value of y when x = 0, and can also be interpreted as the initial value of the function.
The initial population in 2004, of 29600, is the y-intercept. In 12 years, the population decayed 2400, hence the slope is:
m = -2400/12 = -200.
Hence the equation is:
P(t) = -200t + 29600.
2020 is 16 years after 2004, hence the estimate is:
P(16) = -200(16) + 29600 = 26,400.
More can be learned about linear functions at brainly.com/question/24808124
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