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You bought an $8,000 car last year with a $1,000 down payment and a $7,000 loan. The car now has a market value of

You bought an $8,000 car last year with a $1,000 down payment and a $7,000 loan. The car now has a market value of $6,000 and the loan balance is currently $5,500. Related to the car purchase Select one: O O A. Your net worth has decreased by $500. B. Non of the above C. Your net worth has increased by $3,500. D. Your net worth has decreased by $2,000.

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