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Problem:

Suppose Debra Betts has presented you with the following information: She currently possesses a checking account with a balance of $850, a savings account with a balance of $3,000, a credit card balance of $300, jewelry worth $600, real estate valued at $75,000, and a mortgage on the real estate of $66,000.

Required:

Question: What is the total of Debra's assets and how could she increase her net worth?

Note: Please show how to work it out.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91162210

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