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  1. Which of the following will increase your net worth the most?


All of these increase net worth


Purchase a used car valued at $7,000 with an Auto Loan for $7,000


Purchase of house valued at $150,000 with $25,000 down and a mortgage of $125,000


Sell a bike valued at $75 for $75 cash


None of these increase net worth

Verified Answer :

MissPhiladelphia

Net worth is defined as the total value of assets subtracted by liabilities. Selling a bike to gain cash value even at a minimal amount of $75 increases the net worth. Adding value to an asset without increasing the liability is increasing the net worth.

depsa235hardawa

all of these increase net worth

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