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postnew [5]
3 years ago
13

Theresa owes %249%2C000 on her car loan. If the value of her car is %2415%2C000%2C what is her equity in the car%3F

Business
1 answer:
ololo11 [35]3 years ago
8 0

Answer:

The answer is "\$6,000".

Explanation:

Please find the complete question in the attached file.

We take her automobile value (\$15,000) to reach this result and reduce it (\$15,000 - \$9,000). That's a \$6,000 equity, that's why Theresa has a capital of\$6,000.

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