Keisha owns a house worth $275,000 with a mortgage of $195,000. She owns a car worth $12,000 and has $7,500 in car loans. She has $3,000 in investments, $2,700 in a bank account, and owes $1,500 on a credit card. What is Keisha’s net worth?

Net worth is total assets minus total debts. Keisha’s assets total $292,700 ($275,000 + $12,000 + $3,000 + $2,700), and her debts total $204,000 ($195,000 + $7,500 + $1,500). Subtracting gives $292,700 − $204,000 = $88,700, so the correct choice is $88,700.

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