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Please answer! Tory and Arlene Demming are trying to figure out their current financial health. They will pay off their car loan in three years,
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Tory and Arlene Demming are trying to figure out their current financial health. They will pay off their car loan in three years, theif gross household income is $5,700 per inonti and they receive $95 permonth in interest income from their investments. They have fisted the following items from their most recent statements Savings account $3.200 Checking account: $1.800 Credit cardbalance $3,000 Car loan balance: $18,000 Carmarkat value: 515,000 Furniture market value: $4,000 Stocks and bonds: $15.000 What is their current net worth? $18,000 $21.000 539,000 $(21.000) Step by Step Solution
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