Andre owns a condominium with a value of $145,000. He has a stock portfolio worth $8,300. He owes $3,700 on his car, which is valued at$9,500. He has $7,200 in student loans to repay. He has a credit card balance of $4,372. He also has $2,600 in a bank account. Construct a net worth statement to find Andre's net worth

Andre's net worth = $150,128

Step-by-step explanation:

Net worth refers to the difference between total assets and total liabilities.

Therefore, Andre's net worth statement can be constructed as follows:

Andre's Net Worth Statement

Details                                    Amount ($)              Total ($)      

Assets:

Condominium                          145,000

Stock portfolio                             8,300

Car value                                     9,500

Bank account balance               2,600

Total assets                                                              165,400

Liabilities:

Amount owing on car                (3,700)

Student loans                             (7,200)

Credit card balance                   (4,372)  

Total liabilities                                                         (15,272)  

Andre's net worth                                                   150,128    

85.560%

step-by-step explanation:

conditional probability is defined as:

p(a|b) = p(a∩b) / p(b)

in other words, the probability that a occurs, given that b has occurred = the probability that both a and b occur / the probability that b occurs.

in this example:

p(turns 64 | turns 44) = p(turns 64 & turns 44) / p(turns 44).

if someone turns 64, they must have already turned 44, so:

p(turns 64 | turns 44) = p(turns 64) / p(turns 44)

on page 42, we see that of the original 100,000, 94944 turn 44, and 81234 turn 64.   therefore:

p(turns 64 | turns 44) = 81234 / 94944

p(turns 64 | turns 44) = 0.85560

11.2

step-by-step explanation:

when doing tangent the tangent of the angle is equal to the opposite side from the angle over the adjacent side to the angle.

tan43 = x / 12

move 12 over by multiplying each side by 12

12tan43 = x

x = about 11.2