All categories

2 years ago

Angie's car is valued at $22,000, and she owes $20,000 on it. What is her current equity?

Mathematics

2 answers:

amid [387]2 years ago

6 0

Answer: 2,000

Step-by-step explanation: 22,000 - 20,000 = 2,000

Angie’s current equity on her car is 2,000

vagabundo [1.1K]2 years ago

3 0

Answer:

$\$2,000$

Step-by-step explanation:

Equity is defined by difference between total value of the asset and total liabilities.

Value of Angie's car is $\$22,000$ and she owes $\$20,000$ which means:

Total value of asset (car) = $\$22,000$

Total liability = $\$22,000$

∴ Equity = $22000 - 20000 = 2000$

Hence Angie's current equity is $\$2,000$

You might be interested in

For an investment of $26,245, a quarterly statement reports that the account balance is $26,292. The statement also reports that

Oduvanchick [21]

The statement reports the investment's value has gone up. That is inconsistent with a negative rate of return, which would mean the value has gone down.

No, the reported rate of return does not seem reasonable.

4 0

2 years ago

Read 2 more answers

If we changed the 3 to a 0 in the equation, what would happen to the graph?

jasenka [17]

Answer:

The graph will be three units lower

Step-by-step explanation:

The graph will be three units lower

7 0

2 years ago

Read 2 more answers

There is a harvest festival each year on the planet Bozone. During that time, most of the Bozone residents sit down to rejoice a

Oliga [24]

Answer:

The price would be decreased by 18 bozats

Step-by-step explanation:

The following information is given in the question

x = number of kilograms of snig sold

P = Price per kilogram

And, the equation is

p = 300 - 18x

Now if an extra kilogram is sold so it should be x+1

Now the new price is

New price = 300 - 18(x + 1)

= 300 - 18x - 18

Therefore the price would be decreased by 18 bozats

8 0

2 years ago

Read 2 more answers

If a flower is 6.5 cm wide, its width expressed in millimeters is x mm, where x is

krek1111 [17]

X=65 mm hope this helps.

4 0

2 years ago

Answer Please???? Finn is baking cakes for a party. The number of cups of sugar Finn needs is proportional to the number of cake

Natali [406]

Answer:

Hello there!

The answer to your question is :

<em>C: Finn needs 6 cups of sugar for 4 cakes.</em>

<em>D: Finn needs 1 1/2 cups of sugar for 1 cak</em>e.

Step-by-step explanation:

The graph clearly shows ( sides cups of sugar) (bottom number of cakes)

For sugar you need 6 cups to make 4 cakes

For sugar on the second question you need 1 1/2 cups of sugar to make 1 cake

Multiply 1 1/2 times 6 then divide and your answer is 4. That's 4 cakes out of 6 cups of sugar out of the original cups of sugar ( 1 1/2)

This is the confirmed answer I took the quiz and got 100%

Hopes this helps you!

~Darlington

5 0

2 years ago