A family has a net worth of $165,000 and liabilities of $176,000. What is the amount of their assets? Group of answer choices $11,000 $165,000 $176,000 $341,000 $506,000

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter1: Understanding Personal Finance
Section: Chapter Questions
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A family has a net worth of $165,000 and liabilities of $176,000. What is the amount of their assets?
Group of answer choices
$11,000
$165,000
$176,000
$341,000
$506,000 
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