Net Worth

Jin's total assets are $8,794.  Her liabilities are $2,670 in credit card debt and $3,622 for a student loan.  What is her net worth?

• $6,124
• $15,086
• -$4,328
• $2,502

Tags

CCSS.7.NS.A.3

Nomar's net worth is $15,354.  Which of the following is true?

• He has a positive net worth which means his assets are greater than his liabilities. 
• He has a negative net worth which means his liabilities are greater than his assets.
• He has a positive net worth which means his liabilities are greater than his assets.
• He has a negative net worth which means his assets are greater than his liabilities.

Tags

CCSS.6.NS.C.7C

Which of the following are considered assets?

1. A Car

2. Student Loans

3. Rent Payments

• 1 only

• 1 and 2 only

• 2 and 3 only

• 1, 2, and 3 only

Pratt own a car worth $14,200 and $2,100 worth of electronics. He still owes $7,300 on his student loans and $8,900 on his car loan. He has $2,315 in his bank account and $5,110 in an investment account. What is Pratt's Net Worth?

• $2,475

• $13,725

• $16,200

• $29,925

Tags

CCSS.7.NS.A.3

Which of the following are considered liabilities?

1 - A Mortgage

2 - Kitchen Dishes

3 - A Car Loan

• 1 only

• 1 and 2 only

• 1 and 3 only

• 1, 2, and 3

Dani has $1,425 in her bank account and a car worth $3,200. She still owes $1,350 on the car and $825 on her student loans. She has 6 months left on her apartment lease, which charges $140 per month in rent. What is her Net Worth?

• $1,610

• $3,015

• $4,625

• $7,640

Tags

CCSS.7.EE.B.3

$8,235 owed on a credit card

• Asset

• Liability

Tags

CCSS.6.NS.C.5

Estimated home value of $233,00

• Asset

• Liability

Tags

CCSS.HSA.SSE.A.1

Which of the following is not an asset?

• Car

• House Value

• House Mortgage

• Jewelry

Which of the following is not a liability?

• Stock

• Credit Card Balance

• Car Loan

• Mortgage