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Shown below is Odessa’s personal balance sheet. Use the information to determine Odessa’s net worth. Personal Balance Sheet Assets: Home Value $560,483 Car Value 30,245 Checking Account 2,405 401(k) 133,235 IRA 33,403 Mutual Funds 6,799 Bonds 5,075 Liabilities: Home Mortgage $318,131 Car Loan Balance 6,898 Student Loans 28,896 Credit Card Balance 8,098 Net Worth ?
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