catherinemulli catherinemulli

01-12-2016
Business

contestada

Which of the following will increase your net worth the most?
Purchase a used car valued at $7,000 with an Auto Loan for $7,000
Sell a bike valued at $75 for $75 cash
None of these increase net worth
All of these increase net worth
Purchase of house valued at $150,000 with $25,000 down and a mortgage of $125,000

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MissPhiladelphia MissPhiladelphia

06-12-2016

I think the correct answer from the choices listed above is the last option. It would be to purchase of house valued at $150,000 with $25,000 down and a mortgage of $125,000 that would increase your net worth the most. From this option, you would gain the most. Hope this answers the question.

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