Taking Charge of Your Economic X Course Hero X + X -> C strayer.sophia.org/spcc/taking-charge-of-your-economic-future-challenge-1-2/5/11292/balance-sheets SCORE UNIT 1- CHALLENGE 2: Basics of Financial Planning 4/6 X Alice pays a monthly rent of $1,200 for an apartment. She bought a new car which is an asset worth $20,000, but she still owes $15,000 on her car loan. Since Alice is just starting out in her career, she has Balance Sheets $600 in her 401(k) and $1,950 in her savings account. She has a student loan of $50,000. She has $4,000 in credit card debt. Sophia @ PDF Version Using the given information, calculate Alice's net worth. ( a.) Alice has a net worth of $22,550. E WHAT'S COVERED In this lesson, you will learn how to use a balance sheet as a financial management b.) Alice has a net worth of -$37,650. tool to track changes in assets, liabilities, and net worth. This can help you be more productive as you use your problem solving skills to plan for your future. Specifically, this lesson will cover: c.) Alice has a net worth of -$47,650. 1. Determining Your Net Worth a. Assets b. Liabilities (d.) Alice has a net worth of $70,200. c. Net Worth Type here to search 11:29 AM O X W 82 F ~ D1 4 ( )) 6/15/2022