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19 October, 07:10

Rosetta listed her assets and liabilities on a personal balance sheet. Rosetta's Balance Sheet (April 2013) Assets Liabilities cash $900 credit card $4,000 investments $1,100 student loan $1,000 house $150,000 mortgage $100,000 car $8,000 car loan $5,000 Total Total If Rosetta sells her house and pays off the mortgage, how much should she receive (assuming there are no other costs associated with selling the house) ? $50,000 $100,000 $150,000 $250,000

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  1. 19 October, 08:02
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    House 150000 sold

    Mortgage 100000 paid off

    She received

    150000-100000=50000
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