Megan has $500 in short-term savings, $5,000 in her retirement savings account, $1,500 in credit card debt, and student loan debt of $7,500. Assuming that these are all of Megan's assets and liabilities, what is Megan's net worth?
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On January 10, Molly Amise uses her Lawton Co. credit card to purchase merchandise from Lawton Co. for $1,700. On February 10, Molly is billed for the amount due of $1,700. On February 12, Molly pays $1,100 on the balance due.
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