N/A — Exam Answers

49 verified answers2 views
46

What is Anisha’s current net worth? Formula: net worth = assets - liabilities

A
43 dollars comma 000
B
11 dollars comma 000
C
negative 30 dollars comma 000
D
negative 32 dollars comma 000
47

Over a 3 -year period, which option would cost the individual more in total payments (excluding any potential buyout at the end of the lease)?

A
The cost difference between buying and leasing depends on the individual's usage and wear of the car.
B
Buying the hybrid hatchback would cost more due to higher monthly payments.
C
Leasing the hybrid hatchback would cost more when considering the residual value.
D
Both options would result in the same cost when only considering payments made within the 3-year period.
50

How much does Martin allocate annually to maintenance and repairs?

A
3 dollars comma 500
B
1 dollars comma 750
C
3 dollars comma 000
D
2 dollars comma 625

Did you find these answers helpful?