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Given the following, what is the individual's net worth? Bank Account $2,500 Student loan $7,500 Monthly gross income $3,200 RRSP $10,250 Annual car payments $3,600
Given the following, what is the individual's net worth?
| Bank Account | $2,500 | Student loan | $7,500 |
| Monthly gross income | $3,200 | RRSP | $10,250 |
| Annual car payments | $3,600 | Unpaid vet bills | $600 |
| Jewellery | $5,000 | Car loan | $4,900 |
| CSV (whole life) | $1,500 | Car (resale value) | $2,500 |
| Annual medical expenses | $500 | GICs | $2,060 |
a.$11,410
b.$6,810
c.$10,810
d.$6,500
e.$10,910
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Money Talks Explaining How Money Really Works
Authors: Nina Bandelj ,Frederick F. Wherry ,Viviana A. Zelizer
1st Edition
0691202893, 978-0691202891
