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Below is an excel sheet thatneeda to he modified based on the criteria in the second picture, having trouble with this problem. column c needs
Below is an excel sheet thatneeda to he modified based on the criteria in the second picture, having trouble with this problem.
column c needs tk be filled to get the final answer
Also i just need the Networth final answer the excel doesnt have to be submitted
A Morty's BALANCE SHEET ASSETS Cash and Cash Equivalents: Checking account Savings account Apartment down payment money Retirement plan Car Car loan Investment Assets Use Assets LIABILITIES NET WORTH B as a renter as a homeowner $254,000 $194,000 $4,000 $30,000 $160,000 $32,000 $32,000 $28,000 $28,000 $13,000 $13,000 $241,000 Moving to the next question prevents changes to this an Q1315 estion 13 30 Mortgage is a new liability for Morty, something he now owes to somebody else, so the amount will be added to his liabilities. Let's put all these balance sheet changes together, in order to understand the overall impact of buying real estate on Morty's net worth Here's Morty's balance sheet as a renter. Modify the file to show his balance sheet after he buys the apartment. In other words, fill out column C of the spreadsheet. Just to remind you, he bought an $800,000 apartment with a $640,000 mortgage Morty's net worth before he bought the apartment, was $241,000, as you can see from the file. What will be his net worth after he buys the apartment? ignore the closing costs and any other upfront expenses associated with buying the apartment, and assume that he has not made his first mortgage payment yet Q115 & Moving to the next question prevents changes to the aver O 521 Cauty ||199 SHIPM Step by Step Solution
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