4232 divided by 18 equals 235.1
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.
Elena should put a point where the two circles intersect and draw line segments connecting that point to points A and B to finish her triangle.
Answer:
8.75%
Step-by-step explanation:
If she pays $135 eight times then she pays a total of 135 x 8 = $1080.
She had a down payment of $225, so that added on becomes $1305.
1305/1200 is 1.0875, which is an increase of 0.0875 over the original.
0.0875 x 100 = 8.75% increase.
