Net worth is the difference between assets and liabilities.
Assets - liabilities = net worth
Assets include
townhome valued at $ 195,000
savings 5000
Car 38000
Total=195,000+5,000+38,000
=238,000
Liabilities include
Loan owed 120000
Credit card 1400
owed on Ben's car 20000
Total=120,000+1,400+20,000
=141,400
Net worth=238,000−141,400=96,600
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Answer:
The slope is -1/8 and the y intercept is 7/6
Step-by-step explanation:
This equation is in slope intercept form
y = mx+b where m is the slope and b is the y intercept
y = -1/8 x + 7/6
The slope is -1/8 and the y intercept is 7/6
Answer:
$12000
Step-by-step explanation:
P=CRT
C=cost
R=rate
T=time
P=3000 x 8 x 50/100= $12000
There are 24 hours in a day.
Sleeping 8 out of those 24 hours means a fraction of 8/24.
8/24 = 4/12 = 2/6 = 1/3
So sleeping 8 hours a day means sleeping for 1/3 of the day.