ECONOMICS
MONEY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Maggie earns $62, 000 per year and has a net worth of $20, 000. Samantha earns $96, 000 and has a net worth of $15, 000. Who is wealthier?
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Maggie, because her income minus her net worth is a smaller amount than Samantha’s.
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Samantha, because her income minus her net worth is a larger amount than Maggie’s.
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Maggie, because her net worth is higher than Samantha’s.
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Samantha, because her annual income is higher than Maggie’s
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Explanation:
Detailed explanation-1: -Maggie, because her net worth is higher than Samantha’s.
There is 1 question to complete.