Samuel has $2,000 in the bank and owns a car worth $9,000. He also has $10,000 worth of student loans and a $500 credit card bill. What is Samuel's net worth?

Select the best answer from the choices provided.

$0

$15,000

$1,100

$500

Question

Samuel has $2,000 in the bank and owns a car worth $9,000. He also has $10,000 worth of student loans and a $500 credit card bill. What is Samuel's net worth?

 

 
Select the best answer from the choices provided. 



$0



$15,000



$1,100



$500

mathmale · Answer

Items that Samuel owns have a positive value, so give each of them a positive sign, along with the dollar sign.

Car:                          +$
Bank balance:            +$

Debts have a negative value, so label them accordingly:  

Student loan:              -$
Credit card bill:           -$
                                                              Add all four items together.  (Combine.)
Sum:                          -----
                                      ?

anonymous · Answer

so d