Taylor Has the Following Assets and Liabilities Suppose That Taylor Receives a $10,000 Bonus from Her Employer
Multiple Choice
Taylor has the following assets and liabilities:
Suppose that Taylor receives a $10,000 bonus from her employer. If she puts that money toward her mortgage, her wealth would ________; if she puts that money in her checking account, her wealth would ________.
A) increase to $121,000; decrease to $101,000
B) increase to $115,000; decrease to $95,000
C) increase to $121,000; increase to $121,000
D) increase to $115,000; increase to $115,000
Correct Answer:

Verified
Correct Answer:
Verified
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