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Financial Math
Personal Net Worth — Quiz
Question 2
2
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Multiple Choice
Personal Net Worth — Quiz
Question 2 • Financial Math
Amrom takes out a $10,000 personal loan to renovate his home, expecting the value of his home to increase by $15,000 after the renovations. What will his net worth be if the value of his home increases as expected?
Answer
A
147 dollars comma 500
B
215 dollars comma 000
C
197 dollars comma 500
D
345 dollars comma 000
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