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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Definitions:

Depressant

A class of drugs that reduce the functionality of the nervous system, leading to decreased arousal or stimulation in areas of the brain.

Narcotic

A class of drugs that reduce pain, induce sleep, and may alter mood or behavior; often used medicinally but can lead to dependency.

Narcotic

traditionally refers to substances that induce sleep or stupor, particularly opioids, which are also used for pain relief.

Heroin

An opioid drug derived from morphine, highly addictive and used illicitly for its euphoric effects.