View the step-by-step solution to:

All items are monthly unless otherwise indicated:

All items are monthly unless otherwise indicated:

Carol's Salary

$2,000

 Auto Loan Payment

$262

 New Home Cost

$100,000

 Mastercard Balance

$5,000

Int 15%

Gas/Heating

$100

 Visa Card Balance

$3,000

Int 15%

Electric

$125

 Bloomingdale Card Balance

$1,500

Int 29%

Water

$60

 Personal Loan Balance

$5,000

Int 5%, 60 mos

Internet/Cable

$150

 Mortgage Balance

$95,000

 Home Phone

$50

 Mortgage Payment

$796

 Cell Phone

$200

 New Car Cost

$20,000

 Food

$250

 Gym Membership

$20

  Personal Loan Payment

$94

 Car Insurance

$165

 Carol's 401K Balance

$50,000

 Savings Balance

$500

 Auto Loan Balance

$15,000

 Checking Balance

$1,000

 Visa Payment

$60

 Lawn Service

$100

 Bloomingdale Payment

$30

 Mastercard Payment

$100

 

Need to create balance sheet with these numbers including showing overall net worth

 

Recently Asked Questions

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question