Ben owns a townhome valued at $195,000, but still owes $120,000 on the loan. Ben has $5,000 in savings and a balance of $1,400 on his credit cards. There is a balance of $20,000 owed on Ben’s car which is valued at $38,000. What is Ben’s net worth?

Add Ben’s assets: $195,000 for the townhome + $5,000 in savings + $38,000 for the car = $238,000. Add his debts: $120,000 on the townhome loan + $1,400 on credit cards + $20,000 on the car = $141,400. Net worth is assets minus debts: $238,000 − $141,400 = $96,600, so the correct choice is $96,600.

AI-written and checked against the verified answer.