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How would each of the following items affect net worth? A. Repayment of a loan using funds from a savings account B. Purchase of an
How would each of the following items affect net worth?
A. Repayment of a loan using funds from a savings account
B. Purchase of an automobile that is 75% financed with a 25% down payment
C. The S&P 500 increases, and the client has an S&P indexed mutual fund
D. Interest rates increase, and the client has a substantial bond portfolio
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