anastasia18409
contestada

HELP ME PLSSSS!!! The Parker's family owns a house , but have only paid $200,000 of the $500,000 total cost? They also have 2 cars. One car is paid off and worth $20,000. The other car they bought for $30,000 and have paid $15,000 towards. Other assets they have total $100,000. What is the family net worth?

Respuesta :

Answer:

335,000 is the Parker family's NET WORTH

Step-by-step explanation:

The car they own is 20,000; then they  have paid $200,000 of the $500,000; then on the other car 15,000 of the 30,000; and the other assets (things they own) are worth 100,000. It all adds up to 335,000

SOO:

20,000 + 200,00 + 15,000 + 100,000 = 335,000$

adioabiola

The Parker's family net worth is $20,000

What is net worth?

  • Net worth can be defined as the total assets minus total outside liabilities of an individual or a company.

House = $500,000

Asset = $200,000

Liability = $300,000

Cars:

Asset = $35,000

Liability = $15,000

Other assets = $100,000

Total assets = $200,000 + $35,000 + $100,000

= $335,000

Total liability = $300,000 + $15,000

= $315,000

Net worth = Total assets - Total liability

= $335,000 - $315,000

= $20,00

Learn more about net worth:

https://brainly.com/question/10528020

Otras preguntas