Gustavo wants to figure out his wealth. He has $2,000 in a checking account, $500 in savings, $15,000 in stocks, and an $8,000 student loan he needs to repay. Gustavo's wealth is
A) -$4,000.
B) $9,500.
C) $9,000.
D) $17,500.

Question

Quizplus · Accepted Answer

Gustavo's wealth is calculated by adding his assets ($2,000 + $500 + $15,000 = $17,500) and subtracting his liabilities ($8,000), which equals $9,500.

Gustavo Wants to Figure Out His Wealth