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:
<em>The answer is 0</em>
<em>So I think no solutions</em>
Step-by-step explanation:
You gotta get each equation into slope-intercept form, nd when u do that 9x - 3y = 6 turns into y = 3x - 2, nd 5y = 15x + 10 turns into y = 3x + 2. Add the equations together, nd get 0.
Answer: 600
<u>Step-by-step explanation:</u>
20 x 30
= 2 x 10 x 3 x 10
= 2 x 3 x 10 x 10
= 6 x 100
= 600
The average is found by adding the numbers and dividing by 2.
Since the average is 17, the total of the two numbers must equal 17 x 2 = 34.
One number is given as 11, so subtract 11 from 34:
34 - 11 = 23
The other number is 23.
Too check: add 11 and 23 and then divide by 2:
11 + 23 = 34
34/2 = 17.