Question 8 • (Kapuschinsky)WCA 3424 Consumer Applications 1st nine weeks 26-27
The assets total $137,000: $105,000 + $26,000 + $4,500 + $1,500. The liabilities also total $137,000, so the starting net worth is $0. Lowering the mortgage by $1,000, increasing the investment fund by $500, or adding $100 to savings would each make net worth positive; therefore, all of the listed modifications would do so.
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