Their net worth is $35,997 ⇒ 1st answer
Step-by-step explanation:
Net worth is what is owned minus what is owed
So to find the net worth do that:
1. Calculate all things that owned
2. Calculate all things that owed
3. Subtract the value owed from the value owned
∵ House value is $42,365 ⇒ owned
∵ Savings value is $1,255 ⇒ owned
∵ Cash value is $355 ⇒ owned
∴ The value owned = 42,365 + 1,255 + 355
∴ The value owned = $43,975
∵ Car debt value is $980 ⇒ owed
∵ Boat debt value is $2,200 ⇒ owed
∵ Credit Card debt value is $3,298 ⇒ owed
∵ Student Loan value is $1,500 ⇒ owed
∴ The value owed = 980 + 2,200 + 3,298 + 1,500
∴ The value owed = $7978
∵ Net worth = value owned - value owed
∴ Net worth = 43,975 - 7978
∴ Net worth = $35,997
Their net worth is $35,997
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