Suppose that Cathy's assets include an automobile worth $10,000 and a checking account with a $5,000 balance, while her liabilities include a student loan balance of $2,000 and a car loan balance of $8,000- What is her net worth?

🎲 Try a Random Question  |  Total Questions in Quiz: 86  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
Personal Finance: Measuring Your Financial Health and Making a Plan — practice the complete quiz, review flashcards, or try a random question.


Suppose that Cathy's assets include an automobile worth $10,000 and a checking account with a $5,000 balance, while her liabilities include a student loan balance of $2,000 and a car loan balance of $8,000- What is her net worth?