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Nika wants to borrow some money from the bank and needs to determine her net worth. she has a car worth $3,400 and has $400 in her checking account. if her only debt is $600 she still owes on her car, what is her net worth? HELP ITS EASY ILL GIVE BRAINLY AND A HUG

Respuesta :

Samawati

Answer:

$3200

Explanation:

Net worth is the value of an individual's or an organization's assets after subtracting liabilities.  Net worth is, therefore same as net assets.

Nika's net worth is the value of her assets minus liabilities. Assets being the things she owns, while liabilities are what she owes.

Nika's assets = Cars $3400, cash $400,

Total assets = $3,800

Liabilities = car debts $600

Net worth =$3800 -$600

=$3200