Calculating Net Worth. Ted owns a Lexus worth $40,000. He owns a home worth $275,000. He has

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Calculating Net Worth. Ted owns a Lexus worth $40,000. He owns a home worth $275,000. He has a checking account with $800 in it and a savings account with $1,900 in it. He has a mutual fund worth

$110,000. His personal assets are worth $90,000. He still owes

$25,000 on his car and $150,000 on his home, and he has a balance on his credit card of $1,600. What is Ted’s net worth?

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Personal Finance

ISBN: 9781260799736

13th Edition

Authors: Jack Kapoor

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Question Posted: Jul 23, 2024 06:02 AM

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Calculating Net Worth. Ted owns a Lexus worth $40,000. He owns a home worth $275,000. He has

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Personal Finance

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