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2 September, 12:45

Which of the following modifications to the list of assets and liabilities below would result in a net worth of $100,000?

Recreational Vehicle valued at $110,000.

Car valued at $27,000.

Medical bills totaling $8,700.

Loan balance of $80,000.

Savings of $5,000.

Retirement fund of $50,000.

Credit card balance of $2,300.

a.

recreational vehicle value decreasing to $100,000

b.

borrowing $10,000 more in loans

c.

withdrawing $20,000 from the retirement fund

d.

adding $1,000 in credit card debt

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Answers (1)
  1. 2 September, 15:19
    0
    This is super late, but the correct answer is D.
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