Question: When you purchased a car for $ 1 2 , 0 0 0 , you used $ 3 , 0 0 0 of your own

When you purchased a car for $12,000, you used $3,000 of your own cash and borrowed the rest. Your net worth:
Select one:
a. increased by $9,000
b. decreased by $9,000
c. remained the same
d. decreased by $3,000
When you purchased a car for $12,000, you used $3,000 of

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