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Financial Literacy WMHS - Semester 1
Understanding Net Worth
Question 10
10
Quiz
Multiple Choice
Understanding Net Worth
Question 10 • Financial Literacy (WMHS) - Semester 1
Keisha owns a house worth $275,000 with a mortgage of $195,000. She owns a car worth $12,000 and has $7,500 in car loans. She has $3,000 in investments, $2,700 in a bank account, and owes $1,500 on a credit card. What is Keisha’s net worth?
Answer
A
$88,700
B
$91,700
C
$292,700
D
$496,700
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