Gale owns a car that is worth $9,500 but she still owes $7,400 on the car loan. She has a student loan in the amount of $6,000 and she has a savings account with a balance of $1500. The balance on her credit card is $3200. What is her net worth?

Answers

Answer 1

Answer:

$8000

Step-by-step explanation:  

Given: Car worth = $9,500, car loan = $7,400. Student loan = $6,000, savings account = $1500. The balance on her credit card is $3200.  

Formula: Total Assets - Total Liabilities - Intangible Assets = Tangible Net Worth.  

To find: Gale's net worth  

Solution: You can calculate your net worth by subtracting your liabilities (debts) from your assets.

Firstly, calculate the total amount of assets by adding them together;  

Total assets = Car worth + car loan + Student loan + savings account + balance on her credit card =  

$9,500 + $7,400 + $6,000 + $3200 =$26,100

Secondly, calculate the Liabilities by adding them together;  

Car loan + Student loan =  

$7,400 + $6,000 = $13,400

Then, calculate the Intangible Assets by adding them together;  

Savings account +  The balance on her credit card =  

$1500 + $3200 = $4700

Finally, subtract the total amounts;  

$26,100 - $13,400 - $4700 = $8000

 

(Note:- If your assets exceed your liabilities, you will have a positive net worth. Conversely, if your liabilities are greater than your assets, you will have a negative net worth.)


Related Questions

What is the measure of <4? Enter your answer in the box.
m<4=

Answers

Answer:

59

Step-by-step explanation:

These angles make linear pair

so angle 4 +60+61=180

Angle 4 = 180-121 = 59

Find the volume of the cone. Round your answer to the nearest tenth.
8 m
8 m

Answers

Answer: your answer is 536.2 hope it helps

Step-by-step explanation:

19 and use the bar thing to get answeer no links or i report

Answers

I think it’s C

Explanation: the blue yarn is 7 and the red yarn is 10 if you combine both as 7 + 10= 17

A scale diagram of an Amoeba (a single celled organism) is 5cm wide, representing the real-life Amoeba's width of 0.1mm. Determine the scale factor of the scale diagram and select the best answer choice below. (note: there are 10 millimeters in 1 cm)

Answers

Scale 1:50. 50x0.1 =5

Two angles are supplementary. One angle is five times larger than the other. What are the measures of the two angles.​

Answers

Answer:

30 degrees ; 150 degrees

Step-by-step explanation:

1) rememeber that two supplementary angles have their sum equals to 180 degrees

2) write an equation with the given information

x + 5x = 180

2) solve the equation

- added up the terms with x

6x = 180

- divide the two members by 6

x = 30

- find the second angle by multiplying 30 by 5

150

Courtney walked 4 miles on Tuesday. How many total feet would that be?

Answers

Answer: 21,120 feet

Step-by-step explanation:

5280(4)=21120

Answer:

21120 ft

Step-by-step explanation:

1 Mile = 5280 Feet

5280*4=21120

COMPOUND INTEREST:
You recently found out that your great-aunt passed away. Your aunt had decided to leave you an inheritance of 2,800,000, however, the will stipulates that this inheritance must remain in an investment account for the next ten years, with daily compound interest at a rate of 20% in exchange for taking care of your 34 cats. you will not be able to access this money until after this ten year period.

CAN SOMEONE HELP ME PLEASE ​

Answers

Answer:

You will have $17,336,862 by the end of the ten years

Step-by-step explanation:

The equation for compound interest is the amount(1+rate)^time

fill out the equation for 2,800,000(1.2)^10

2,800,000(6.19173642)

17336862

You will have $17,336,862 by the end of the ten years

On a coordinate plane, a circle has a center at (1, negative 2) and a radius of 4 units. Which equation represents a circle with the same radius as the circle shown but with a center at (-1, 1)? (x – 1)2 + (y + 1)2 = 16 (x – 1)2 + (y + 1)2 = 4 (x + 1)2 + (y –1)2 = 4 (x + 1)2 + (y – 1)2 = 16

Answers

Answer:

(x + 1)2 + (y – 1)2 = 16

Step-by-step explanation:

Just took the test.

Answer:

It is D.

Step-by-step explanation:

SHOW ALL THE STEPS YOU USED TO SOLVE THIS. NO LINKS PLEASE​

Answers

Answer:

192 cm^2

Step-by-step explanation:

A = b*h

8(24) = 192

29 thanks and no links or you get reported

Answers

Answer:

$480.11 (C)

Step-by-step explanation:

$575.26 - $95.15 = $480.11

Susan is making circular placemats for her kitchen table. The diameter of the circle is 5.6 inches. She wants to place a decorative ribbon around the outside of the circle. How much ribbon does she need, rounded to the nearest inch?

Answers

Answer:

Stepu-by-step explanation:

Which expression is equivalent to (2xy) (4x2y3)?

Answers

8x^3y^4. Gotchu homie. Lmk if anything is wrong

A building 220 feet casts a 100 foot long shadow. If a person stands at the end of the shadow and looks up to the top of the building, what is the angle of the personas eyes to the top of the building? 62.14 65.56 64.95 27.86

Answers

Answer:

65.56°

Step-by-step explanation:

= We solve the above question using the Trigonometric function of Tangent

tan θ = Opposite/Adjacent

Opposite = 220 feet = Height of the building

Adjacent = 100 feet = Length of the shadow

Hence,

tan θ = 220/100

tan θ = 2.2

= arctan(2.2)

= 65.55604522°

Approximately = 65.56°

Tucker goes to bed at 8:25 pm every
night. He wakes up at 6:45 am. How
long does Tucker sleep each night?

Answers

Answer:

10 hours and 20 minutes.

Step-by-step explanation:

We can find out how many hours of sleep Tucker gets every night by counting in one-hour intervals.

One hour from 8:25 is 9:25.

9:25, 10:25, 11:25, 12:25, 1:25, 2:25, 3:25, 4:25, 5:25, 6:25.

This is 10 hours.

Now we count in ten-minute intervals to get to 6:45

6:35, 6:45.

This is 20 minutes.

Therefore, Tucker gets 10 hours and 20 minutes of sleep each night.

Answer: 10 hours, 20 minutes

This is equivalent to 620 minutes.

===================================================

Explanation:

The user purrugh has a great answer. I'll provide a slightly different approach.

The timespan from 8:25 PM to 9:00 PM is 35 minutes. Note how adding 35 minutes to 25 past the hour gets us to 25+35 = 60 minutes, so we're at the top of the hour now, and at 9 o' clock on the dot.

Then from 9 PM to 12 midnight is a gap of 3 hours (because 12-9 = 3). From midnight to 6 AM is another 6 hours. So far we have 3+6 = 9 hours, plus the additional 35 minutes mentioned earlier. The duration so far is 9 hours, 35 minutes. We still have to account for another 45 minutes, since we want to get to 6:45 AM and not 6:00 AM.

Note how 35+45 = 80, which is over 60. This means 35 min + 45 min = 80 min = (60 min) + (20 min) = 1 hr, 20 min

That "1 hr, 20 min" is added onto the "9 hours" from earlier and we arrive at 10 hours, 20 minutes as the final answer

-----------------------------

Yet another approach is to do everything in minutes, and then convert to hours,minutes format at the very end.

Again the gap from 8:25 PM to 9:00 PM is 35 minutes. From 9 PM to midnight is 3 hours, or 3*60 = 180 minutes. We have a duration so far of 35+180 = 215 minutes.

From midnight to 6 AM is 6*60 = 360 minutes. The duration has been updated to 360+215 = 575 minutes. Finally, from 6 AM to 6:45 AM is the last gap of 45 min to get us to 575+45 = 620 minutes.

Tucker slept a total of 620 minutes. Let's convert that to hours,minutes format. Note how 620 = 600+20 and how 600/60 = 10. Meaning that 600 minutes = 10 hours. Therefore,

620 min = (600 min) + (20 min) = 10 hours, 20 minutes

Find the missing length of the
figure.

20 cm and 12 cm

Answers

Answer:

16 cm

Step-by-step explanation:

Since all sides of a square are equal

Side x can be gotten using pythagoras theorem

hypothanous² = adjacent² + opposite²

[tex] {20}^{2} = \: {12}^{2} \: + \: {x}^{2} \\ 400 \: = \: 144 \: + \: {x}^{2} \\ {x}^{2} \: = \: 400 \: - \: 144 \\ {x}^{2} \: = 256 \\ x = \sqrt{256} \\ x = 16cm[/tex]

Classify the polynomial 30x

Answers

Answer:

C: monomial

Step-by-step explanation:

 You need to classify the polynomial. But before we start, let's recall the basic classifications of polynomials:

Monomials

Binomials

Trinomials

Polynomials

What are monomials?

 - expressions with only one term

What are binomials?

 - expressions with two terms

What are trinomials?

- expressions with three terms

What are polynomials?

- expressions with four or more terms

30x is an expression with only one term, so it's a monomial.

∴ letter C: monomial

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6 = 2y/3


Y=

Answers

Solve for y by simplifying both sides of the equation, then isolating the variable.
Y = 9

Answer:

y=9

Step-by-step explanation:

So 2y=19

y=9

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Answers

Answer:

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Step-by-step explanation:

Coach Miguel bought 3 identical soccer balls for his soccer team. After applying a $25.00 store gift card, his total was $13.97. Which equation can be used to calculate by the price of each soccer ball?
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B. 3b + 25 = 13.97
C. 1/3b - 25 – 13.97
D. 1/3b + 25 = 13.97​

Answers

Answer:

F the person that Post the question

Step-by-step explanation:

He said he couldn’t give me the answer because we went to different schools like who does that

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Answers

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Joseph reads 12 pages in 84 minutes. Assume Joseph reads at a constant speed. Write the number of minutes it takes Joseph to read 1 page.

Answers

Answer:

I think 7

Step-by-step explanation:

84 divided by 12 is 7

Don has 4 pieces of pipe. Each piece is 2 feet 3 inches long.
If Don joins the pieces end to end to make one long pipe, how long will the new pipe be?
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inches long.

Answers

the answer is the pipe will be 9’ 0” long

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Answers

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Step-by-step explanation:

Answer:

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Step-by-step explanation:

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Answers

Answer:

y=-x+4

Step-by-step explanation:

3-5/1-(-1) = -1

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y+1 = -x+5

y= -x +5-1

y= -x + 4

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Answers

Answer:

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Step-by-step explanation:

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What is the difference between the circumference of the outer circle and the circumference of the inner circle?

Answers

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Step-by-step explanation:

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Answers

Answer:

BINGUSSSSSSSS

Step-by-step explanation:

UwU

Answer:

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Step-by-step explanation:

random guess

The circle graph shows how Tremaine divided his time on the computer last week Tremaine's Computer Time Games 25% Homework 20% Research 5% Other 10% Social media 40% Tremaine used the computer a total of 30 hours last week. How many more hours did Tremaine use the computer to play video games than to do research? 6 hours 20 hours 7.5 hours • 15 hours

Please explain ​

Answers

Answer:

maybe 2.9 hours

Step-by-step explanation:

Anyone know the correct answer for the measure of angle B?

Answers

Answer:

∠B = 64.62°

Step-by-step explanation:

cos B = 3/7 = 0.4286

∠B = 64.62°

What is a prime number easy definition?

Answers

Prime numbers are numbers that have only 2 factors: 1 and themselves.
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