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GoodMad_ GoodMad_
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7 years ago
At the end of 2005, Phil had a net worth of $10,000. During 2008, he plans to save $2,000 and he also expects the market value of his assets to increase by 5%. If Phil's total liabilities were $4,000 at December 31, 2007, his December 31, 2008 net worth will be
A) $12,000.
B) $12,700.
C) $12,800.
D) $12,500.
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
Author:
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bzapianbzapian
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7 years ago
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GoodMad_ Author
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#2
7 years ago
Another one bites the dust, as in, it's right Smiling Face with Open Mouth
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#3
3 years ago
thank you
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