annaMeuk1elva annaMeuk1elva
  • 23-10-2016
  • Advanced Placement (AP)
contestada

A family with $45,000 in assets and $22,000 of liabilities would have a net worth of

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StrawberryOwl
StrawberryOwl StrawberryOwl
  • 23-10-2016
23,000.  You would just subtract the liabilities.
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jepessoa
jepessoa jepessoa
  • 31-12-2019

Answer:

$23,000

Explanation:

The net worth of a family is calculated by adding all the family's assets and subtracting all their liabilities:

$45,000 - $22,000 = $23,000

A family's net worth continually changes depending on your current and future income, and your estimated spending, specially what percentage is spent through credit.

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