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Jim Has a $112,700 Home with a $58,444 Mortgage

Question 10

Multiple Choice

Jim has a $112,700 home with a $58,444 mortgage. He has $7,995 in savings and an additional $5,021 in a mutual fund account. He owes $9,822 on his car and $2,143 on his credit card. What is Jim's net worth?


A) $45,265
B) $74,951
C) $55,307
D) $39,317

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