Welcome to Westonci.ca, the ultimate question and answer platform. Get expert answers to your questions quickly and accurately. Experience the convenience of getting reliable answers to your questions from a vast network of knowledgeable experts. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

Patrick has assets that total [tex]\[tex]$9{,}500[/tex]. His liabilities total [tex]\$[/tex]1{,}900[/tex]. Which expression will find Patrick's net worth?

A. [tex]\[tex]$9{,}500 + \$[/tex]1{,}900[/tex]
B. [tex]\[tex]$1{,}900 - \$[/tex]9{,}500[/tex]
C. [tex]\[tex]$1{,}900 + \$[/tex]9{,}500[/tex]
D. [tex]\[tex]$9{,}500 - \$[/tex]1{,}900[/tex]


Sagot :

To determine Patrick's net worth, we need to know the basic concept that net worth is calculated by subtracting total liabilities from total assets.

Patrick's total assets are [tex]$9,500$[/tex], and his total liabilities are [tex]$1,900$[/tex]. The net worth can be found using the expression:

[tex]\[ \text{Net Worth} = \text{Assets} - \text{Liabilities} \][/tex]

By substituting the values provided:

[tex]\[ \text{Net Worth} = 9,500 - 1,900 \][/tex]

Thus, the correct expression to find Patrick's net worth is:

[tex]\[ \$ 9,500 - \$ 1,900 \][/tex]

After performing the subtraction:

[tex]\[ 9,500 - 1,900 = 7,600 \][/tex]

So, Patrick's net worth is \[tex]$ 7,600. Therefore, the correct answer to the question is: \[ \$[/tex] 9,500 - \$ 1,900
\]
Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.