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Mathematics, 18.04.2020 22:27 sctenk6052

Wayne owns a house with a value of $215,000. He has a mortgage of $175,000 on the house. He has a car worth $12,500 with a loan of $4,000 outstanding. He has $1,875 worth of electronic equipment and a saving account of $2,400. He owes $1,275 on his credit card.
What is the amount of his assets?

What is the amount of his liabilities?

What is Wayne's net worth?

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Answers: 2

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