Use the following to answer the following questions. Susan works as a district attorney. She earns, before taxes, around $80,000 each year. Each year, she pays around $15,000 in taxes. She also recently bought a house. She thinks the house is worth $325,000, but Susan still owes $200,000 on the mortgage. Each year she pays around $14,000 in mortgage payments. Additionally, Susan purchased a car. Today the car is worth only $12,000, Susan still owes $7,000 on it, and she makes payments totaling $3,500 on it each year. Susan also has other expenses including $6,000 each year on groceries, $3,000 each year on entertainment, $3,600 each year on household goods, and $1,200 each year on dining out. Which is closest to Susan's total present net worth? (Select the correct answer.) Group of answer choices $210,000 $128,000 $82,000 $44,000
Use the following to answer the following questions. Susan works as a district attorney. She earns, before taxes, around $80,000 each year. Each year, she pays around $15,000 in taxes. She also recently bought a house. She thinks the house is worth $325,000, but Susan still owes $200,000 on the mortgage. Each year she pays around $14,000 in mortgage payments. Additionally, Susan purchased a car. Today the car is worth only $12,000, Susan still owes $7,000 on it, and she makes payments totaling $3,500 on it each year. Susan also has other expenses including $6,000 each year on groceries, $3,000 each year on entertainment, $3,600 each year on household goods, and $1,200 each year on dining out. Which is closest to Susan's total present net worth? (Select the correct answer.) Group of answer choices $210,000 $128,000 $82,000 $44,000
Chapter11: Fiscal Policy And The Federal Budget
Section11.1: The Federal Budget
Problem 2ST
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Use the following to answer the following questions. Susan works as a district attorney. She earns, before taxes, around $80,000 each year. Each year, she pays around $15,000 in taxes. She also recently bought a house. She thinks the house is worth $325,000, but Susan still owes $200,000 on the mortgage. Each year she pays around $14,000 in mortgage payments. Additionally, Susan purchased a car. Today the car is worth only $12,000, Susan still owes $7,000 on it, and she makes payments totaling $3,500 on it each year. Susan also has other expenses including $6,000 each year on groceries, $3,000 each year on entertainment, $3,600 each year on household goods, and $1,200 each year on dining out. Which is closest to Susan's total present net worth? (Select the correct answer.) Group of answer choices $210,000 $128,000 $82,000 $44,000
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