15
QuizMultiple Choice

Cumulative Exam — Cumulative exam

Question 15 • DRHS GA-GSE Personal Financial Literacy

Geoff rents an apartment with a monthly rent of $850. He owns the furniture in the apartment, which is worth $3,500, and he owns his car, which is worth $6,000. Geoff has a balance of $1,225 on his credit card and has $3,560 in a savings account.Which is one of Geoff’s liabilities?

Answer
A
the car
B
the furniture
C
the savings account
D
the credit card
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