Question:

If you own a car worth $10,000, but owe $5,000 on the loan,

Last updated: 7/24/2022

If you own a car worth $10,000, but owe $5,000 on the loan,

If you own a car worth $10,000, but owe $5,000 on the loan, what would be the "net worth" of the car for you? A. $50,000 B. $10,000 C. $5,000 D. $1,000