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Suppose that Mike's assets are an automobile worth $14,000 and electronics worth $6000. He has a student loan balance of $10,000 and a balance of

Suppose that Mike's assets are an automobile worth $14,000 and electronics worth $6000. He has a student loan balance of $10,000 and a balance of $4,000 on his car loan. What is his net worth?

Question 14 options:

a) -$9,000
b) +$9,000
c) +$7,000
d) $6,000

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