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Suppose Salam and Nadia have a combined yearly income of $140,000 and own a house which they bought for $100,000 ten years ago. The house
Suppose Salam and Nadia have a combined yearly income of $140,000 and own a house which they bought for $100,000 ten years ago. The house has a fair market value of $122,667, their two cars (combined) are now worth $23,094, they have furniture that are worth $1,895. The couple originally took out $95,000 loan to buy their house, they have $76,788 left to pay on the mortgage and the cars have a combined outstanding loans of $13,423. Their utility bill is $160 for the month which has not been paid yet. What is the couple's net worth
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