Answered

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Enzo's balance sheet for the month of July is shown.

\begin{tabular}{|c|c|c|c|}
\hline \multicolumn{2}{|c|}{ Enzo's Balance Sheet (July 2013) } \\
\hline \multicolumn{2}{|c|}{ Assets } & \multicolumn{2}{|c|}{ Liabilities } \\
\hline cash & [tex]$\$[/tex] 600[tex]$ & credit card & $[/tex]\[tex]$ 4,000$[/tex] \\
\hline investments & [tex]$\$[/tex] 500[tex]$ & student loan & $[/tex]\[tex]$ 2,500$[/tex] \\
\hline house & [tex]$\$[/tex] 120,000[tex]$ & mortgage & $[/tex]\[tex]$ 80,000$[/tex] \\
\hline car & [tex]$\$[/tex] 6,000[tex]$ & car loan & $[/tex]\[tex]$ 2,000$[/tex] \\
\hline Total & [tex]$\$[/tex] 127,100[tex]$ & Total & $[/tex]\[tex]$ 88,500$[/tex] \\
\hline
\end{tabular}

Which expression finds Enzo's net worth?

A. [tex]$\$[/tex] 127,100 - \[tex]$ 88,500$[/tex]

B. [tex]$\$[/tex] 127,100 + \[tex]$ 88,500$[/tex]

C. [tex]$\$[/tex] 88,500 + \[tex]$ 127,100$[/tex]

D. [tex]$\$[/tex] 88,500 - \[tex]$ 127,100$[/tex]

Sagot :

GinnyAnswer
To determine Enzo's net worth, we need to find the difference between his total assets and total liabilities.

The relevant values provided are:
- Total assets: \[tex]$127,100 - Total liabilities: \$[/tex]88,500

Net worth is calculated as:
[tex]\[ \text{Net Worth} = \text{Total Assets} - \text{Total Liabilities} \][/tex]

Substituting the given values into this expression:
[tex]\[ \text{Net Worth} = \$127,100 - \$88,500 \][/tex]

Thus, the correct expression to find Enzo's net worth is:
[tex]\[ \$127,100 - \$88,500 \][/tex]

Therefore, the correct answer is:
[tex]\[ \$ 127,100 - \$ 88,500 \][/tex]
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