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21 September, 01:42

Suppose that Jacob's assets include a motorcycle worth $12,000 and a checking account with a $3,000 balance, while his liabilities include a credit card balance of $4,000 and a motorcycle loan balance of $7,000. What is his net worth?

A) $4,000

B) $5,000

C) $7,000

D) $12,000

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Answers (1)
  1. 21 September, 03:41
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    Answer is A
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