Dorasupremency Dorasupremency
  • 04-08-2022
  • Mathematics
contestada

Assume you took $5,000 out of the bank to purchase a car worth $5,000. How much did you net worth change?

Respuesta :

vintechnology vintechnology
  • 05-08-2022

Your net worth change by zero dollars.

What is net worth?

Net worth is the difference between asset and liability.  

In other words net worth is the sum of all assets owned by a person or a company, minus any obligations or liabilities.

Therefore, since he took $5,000 out of the bank to purchase a car worth $5,000 his net worth will change by zero dollars.

learn more on net worth here: https://brainly.com/question/20511222

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