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laura could sell her car for $18,000, and she owes $5,500 on it. which statement best describes how this situation affects her net worth?

a.
laura has an $18,000 asset and a $5,500 liability.

b.
laura has a $15,500 asset and an $18,000 liability.

c.
laura's car is considered a liability only because she still owes money on it.

d.
laura's car is considered an asset only because it is worth more than she owes.

Laura has a $5,500 liability because that's what she owes and she is liable for it. She hasn't paid for it fully so the car has not become an asset. The answer is C.

Hope this helps

hey there!

if she's saving for six months, let's divide the total number we need for the trip by six, dividing it into the amount that needs to be saved for each month.

500 ÷ 6 =

she needs to save at least this amount each month, so we should use this symbol: ≥

let x be the amount she saves each month.

your final answer is x ≥

hope this !

why can't you?

step-by-step explanation: