Discover the best answers at Westonci.ca, where experts share their insights and knowledge with you. Get quick and reliable answers to your questions from a dedicated community of professionals on our platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

Assume you took $5,000 out of the bank to purchase a car worth $5,000. How much did you net worth change?

Sagot :

Your net worth change by zero dollars.

What is net worth?

Net worth is the difference between asset and liability.  

In other words net worth is the sum of all assets owned by a person or a company, minus any obligations or liabilities.

Therefore, since he took $5,000 out of the bank to purchase a car worth $5,000 his net worth will change by zero dollars.

learn more on net worth here: https://brainly.com/question/20511222

#SPJ1