Answer:
Let x = the number
"Fifteen more than" means addition
"Three times a number" is multiplication
"three less than" is subtraction, as is the term difference
Putting it all together, we have
7 - (15 + 3x) = (9 - 5x) - 3
-8 + 3x = 6 - 5x
-8 = 6 - 8x
-14 = -8x
14/8 = 7/4 = x
Step-by-step explanation:
the correct answer is none of the above
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.
