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Last year John purchased a car for $45 000, a desktop computer for $4000, and a ...
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Last year John purchased a car for $45 000, a desktop computer for $4000, and a camera for $2500. At present, John has $1000 in credit card debt and a $1800 bank loan. With reasonable estimate of market values, John's car is worth $40 000, computer is worth $2000, and camera is worth $3000. What is John's net worth today?
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