Monday 10/20- Net worth- Honors.

The difference of what you own and what you owe (the difference between assets and liabilities)

• asset

• liability

• net worth

• coconut

Tags

CCSS.6.NS.C.5

You can have negative Net Worth.

• True

• False

Tags

CCSS.6.NS.C.7C

Which of the following are considered assets?

1. A Car that is paid off

2. Student Loans

3. Rent Payments

• 1 only

• 1 and 2 only

• 2 and 3 only

• 1, 2, and 3 only

Tags

CCSS.7.RP.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 owes her apartment $840 in rent. What is her Net Worth?

• $1,610

• $3,015

• $4,625

• $7,640

Tags

CCSS.7.EE.B.3

The table below shows Claude's assets and liabilities.  What is the total value of his assets?

• $24,950
• $25,420
• -$24,950
• $50,370

Tags

CCSS.6.NS.C.5