Question: Question 9 ( 4 points ) Suppose that Jacob's assets include a motorcycle worth $ 1 2 , 0 0 0 and a checking account

Question 9(4 points)
Suppose that Jacob's assets include a motorcycle worth $12,000 and a checking account with a $3,000 balance, while his liabilities include a credit card balance of $4,000, a motorcycle loan balance of $7,000, and a motorcycle payment of $375 per month. What is his net worth? Show your work.
Question 9(4 points) Suppose that Jacob's assets include a motorcycle worth

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