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please answer the following question New Doc 2020-05-21 19.19.55 23. ver in the Fonte: Charlotte owns a house worth $24220 with a mortgage of $108224.
please answer the following question
New Doc 2020-05-21 19.19.55 23. ver in the Fonte: Charlotte owns a house worth $24220 with a mortgage of $108224. She owne car worth STABD with a car kan of serw she has $3400 in an RRSP and $4000 in mutual fones Hier average momeny MS padre bills are $114 and her monthly property tax payments are $285. Charlotte would like a ton of SRDO from the bank so that she can do a bathroom renovation to determine her debt equity ratio the bank calculates her total assets to be and her totaltabilities to be 14. Miguel's abilities add up to $115009. His current mortsage is 598 505. His debt equity ratio is 10%. What are his total assets ? Solve using substitution and then algebraic manipulation. Show all your work. (Note, you will need to use two formulas to solve this question) Answer: New Doc 2020-05-21 19.19.55 23. ver in the Fonte: Charlotte owns a house worth $24220 with a mortgage of $108224. She owne car worth STABD with a car kan of serw she has $3400 in an RRSP and $4000 in mutual fones Hier average momeny MS padre bills are $114 and her monthly property tax payments are $285. Charlotte would like a ton of SRDO from the bank so that she can do a bathroom renovation to determine her debt equity ratio the bank calculates her total assets to be and her totaltabilities to be 14. Miguel's abilities add up to $115009. His current mortsage is 598 505. His debt equity ratio is 10%. What are his total assets ? Solve using substitution and then algebraic manipulation. Show all your work. (Note, you will need to use two formulas to solve this question)Step by Step Solution
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