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4/20/21

[Answer] Which of the following modifications to the list of assets and liabilities below would result in a positive net worth?Home owned $105 000.Mortgage owed $100 000.Car valued at $26 000.Car loan of $22 000.Investment fund of $4 500.Savings of $1 500.Credit card balance of $15 000.a.Lowering mortgage by $1 000.b.Increasing investment fund by $500.c.Adding $100 to savings.d.All of the above.

Answer: D




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Which of the following modifications to the list of assets and liabilities below would result in a positive net worth?Home owned $105 000.Mortgage owed $100 000.Car valued at $26 000.Car loan of $2...

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