Question 134133
Melanie house is worth $125,000, but she still owes $78,422 on her mortgage.  She has $21,236 in a savings account and has $9,477 in credit card debt.  She owes $6,131 to the credit union and figures that her cars and other household items are worth a total of $15,000.  What is melanie's worth?

What has Melanie paid so far?

Melanie has paid = $125,000 - $78,422

Melanie has paid = $46,578

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What does have in her savings?

She has $21,236.

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What does Melanie owe?

Melanie owes = $78,422 + $6,131 + $9,477 + $15,000

Melanie owes = $109,030

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The worth of person in terms of money is what they have in the bank.

Melanie has $21,236 but owes MUCH more than she has in her savings.

Melanie is in trouble.  

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