Given the Following, What Is the Individual's Net Worth A) $11,810
B) $11,410
C) $10,910
D) $6,810
E) $6,500

question 83

Multiple Choice

Given the following, what is the individual's net worth? $$\begin{array} { | l | r | l | r | } \hline \text { Bank account } & \$ 2,500 & \text { Student loan } & \$ 9,500 \\\hline \text { Monthly gross income } & \$ 3,200 & \text { RRSP } & \$ 10,250 \\\hline \text { Annual car payments } & \$ 3,600 & \text { Unpaid vet bills } & \$ 600 \\\hline \text { Jewellery } & \$ 5,000 & \text { Car loan } & \$ 1,900 \\\hline \text { CSV (whole life) } & \$ 1,500 & \text { Car (resale value) } & \$ 2,500 \\\hline \text { Annual medical expenses } & \$ 500 & \text { GICs } & \$ 2,060 \\\hline\end{array}$$

• A) $11,810
• B) $11,410
• C) $10,910
• D) $6,810
• E) $6,500

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