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Author Question: Lucky Louie just inherited $50,000 from his great aunt, has $1,500 in his checking account, owns a ... (Read 177 times)

audie

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Lucky Louie just inherited $50,000 from his great aunt, has $1,500 in his checking account, owns a car with a value of $8,000, and has $20,000 in his 401(k) at work. Louie owes $6,000 on his car, $12,000 on school loans and $3,000 on his credit card. What is Louie's net worth?


◦ $58,500
◦ $58,000
◦ $38,500
◦ He has no net worth since he does not own a house.


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Marked as best answer by audie on Apr 12, 2019

ju

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audie

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Reply 2 on: Apr 12, 2019
Thanks for the timely response, appreciate it


laurnthompson

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Reply 3 on: Yesterday
:D TYSM

 

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