keisha owns a house worth $275,000 with a mortgage of $195,000. she owns a car worth $12,000 and has $7,500…

keisha owns a house worth $275,000 with a mortgage of $195,000. she owns a car worth $12,000 and has $7,500 in car loans. she has $3,000 in investments, $2,700 in a bank account, and owes $1,500 on a credit card. what is keishas net worth?$88,700$91,700$292,700$496,700

keisha owns a house worth $275,000 with a mortgage of $195,000. she owns a car worth $12,000 and has $7,500 in car loans. she has $3,000 in investments, $2,700 in a bank account, and owes $1,500 on a credit card. what is keishas net worth?$88,700$91,700$292,700$496,700

Answer

Explanation:

Step1: Calculate total assets

$$275,000 + $12,000 + $3,000 + $2,700 = $292,700$

Step2: Calculate total liabilities

$$195,000 + $7,500 + $1,500 = $204,000$

Step3: Compute net worth (assets - liabilities)

$$292,700 - $204,000 = $88,700$

Answer:

$88,700