As part of your annual review for clients, you perform a net worth computation. You have computed a specific client's net worth at $500,000. This client calls you and asks what his net worth will be after withdrawing $4,000 from his savings account to pay off credit cards, taking another $5,000 to deposit to his IRA and buying a $25,000 home theater system using store credit. You would respond that the client's net worth is now:

As part of your annual review for clients, you perform a net worth computation. You have computed a specific client's net worth at $500,000. This client calls you and asks what his net worth will be after withdrawing $4,000 from his savings account to pay off credit cards, taking another $5,000 to deposit to his IRA and buying a $25,000 home theater system using store credit. You would respond that the client's net worth is now:

As part of your annual review for clients, you perform a net worth computation. You have computed a specific client's net worth at $500,000. This client calls you and asks what his net worth will be after withdrawing $4,000 from his savings account to pay off credit cards, taking another $5,000 to deposit to his IRA and buying a $25,000 home theater system using store credit. You would respond that the client's net worth is now:



A) $466,000.00

B) $475,000.00

C) $491,000.00

D) $500,000.00



Answer: D) $500,000.00


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