Jessie has $4,000 in a bank account,$2,800 in a 401(k)plan at work,a car with a current value of $28,000,and a house that she purchased for $92,000 that has a current value of $118,000.The current balance of her home mortgage is $81,000,she has one credit card with a $3,000 balance,and a school loan with a balance of $6,000.What is Jessie's current net worth?
(a)$62,800
(b)$46,800
(c)($242,800)
(d)($62,800)

Question

Quizplus · Accepted Answer

The Answer of Jessie has $4,000 in a bank account,$2,800 in a 401(k)plan at work,a car with a current value of $28,000,and a house that she purchased for $92,000 that has a current value of $118,000.The current balance of her home mortgage is $81,000,she has one credit card with a $3,000 balance,and a school loan with a balance of $6,000.What is Jessie's current net worth?
(a)$62,800
(b)$46,800
(c)($242,800)
(d)($62,800)

Jessie Has $4,000 in a Bank Account,$2,800 in a 401(k)plan