The table shows Avery’s net worth statement.

Net Worth Statement. Item; Value. Bank accounts; $3,900; Car (current value); question mark; Credit card debt; negative $2,950; Real estate; $37,425; Student loans; negative $1,700; Investments; $4,600.

Avery’s net worth is $53,755. Based on the information in the table, what is the current value of Avery’s car?

Respuesta :

The current value of Avery’s car is $12,480.

Current value

First step is to calculate the Net Worth

Bank accounts    $3,900

Credit card debt ($2,950)

Real estate         $37,425

Student loans    ($1,700)

Investments        $4,600

Net worth           $41,275

Second step is to calculate the current value of Avery’s car

Current value=$53,755-$41,275

Current value=$12,480

Inconclusion the current value of Avery’s car is $12,480.

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