Question
Darryl has the following assets and liabilities: house with current market value $440,000 and mortgage $205,000 cottage purchased for $22,000 with current market value $87,000
Darryl has the following assets and liabilities: house with current market value $440,000 and mortgage $205,000 cottage purchased for $22,000 with current market value $87,000 condo in Florida purchased for $330,000 with current market value $235,000 car purchased for $31,500 with current market value $17,000 and car loan of $12,300 $50,000 line of credit with a balance of $21,600 credit card with limit $10,000 and balance of $4,500 credit card with limit $5,000 and balance of $0 RRSP balance $23,000 with RRSP loan $3,500 TFSA balance $11,300 What is Daryls net worth?
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