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At the beginning of the month you had $10,000 in cash savings, a car worth $8,000 and other assets worth $5,000. You also owed $2,000
At the beginning of the month you had $10,000 in cash savings, a car worth $8,000 and other assets worth $5,000. You also owed $2,000 for your car loan and $6,000 relating to your credit card and student loan. If you were to earn a salary of $3,000, reduce the car loan principal by $1,000, and have 1,500 in expenses, how much would you be worth at the end of the month? Select one: a. $17,500 b. $15,500 c. $18,500 d. $16,500
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