Asha owns $305,000 worth of total assets. She owes a total of $120,000 for her mortgage and a student loan, but she has no other liabilities. What is Asha’s net worth?(1 point)
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Asha's net worth is calculated by subtracting her liabilities from her total assets.
Net Worth = Total Assets - Liabilities
Net Worth = $305,000 - $120,000
Net Worth = $185,000