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Cristiano has a mortgage with the Bank of Montreal and is going to see if he can get a second mortgage. He is quite nervous
Cristiano has a mortgage with the Bank of Montreal and is going to see if he can get a second mortgage. He is quite nervous as he needs the funds. He knows that the bank will want his Net Worth so he has provided you with the long list below for you to calculate it for him. Based on the following what is Cristiano's Net Worth?
Savings account $
Chequing account $
Current car value $
Car loan balance $
Outstanding student debt $
Overdue credit card balance months in arrears $
Sailboat that has been on Facebook Marketplace for sale at $
TaxFree Savings Account TFSA with a market value of $contributions made of $
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