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Ten years after graduating from college Nitesh would like to create a personal balance sheet. He has a saving accounts, checking account, and cash valued
Ten years after graduating from college Nitesh would like to create a personal balance sheet. He has a saving accounts, checking account, and cash valued at $33,521.07, a home valued at $488,600, personal possessions with a value of $112,330.50, and an Individual Retirement Account with a value of $198,658.88. He has expenses totaling $22,564.70. He also has student loans totaling $30,562 and $456,253.65 #5 #5 Ten years after graduating from college Nitesh would like to create a personal balance sheet. He has a saving accounts, checking account, and cash valued at $33,521.07, a home valued at $488,600, personal possessions with a value of $112,330.50, and an Individual Retirement Account with a value of $198,658.88. He has expenses totaling $22,564.70. He also has student loans totaling $30,562 and $456,253.65 left on his mortgage. Create a personal balance sheet categorizing Nitesh's assets and liabilities. Then calculate his net worth. Calculate Net Worth To calculate net worth, you subtract the sum of your liabilities from the sum of your assets. Starting Hint Determine the sum of Nitesh's liabilities. Then determine the sum of his assets
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