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What is net worth

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Moving forward, let's move from the macro level of finance to the micro (personal) level, please explain the following:

1- What other factors influence the level of interest rates?

2- What is net worth? Can you provide numerical examples of a person’s net worth? 3- What does it mean when someone is said to be insolvent? What is solvency? Which financial statement shows solvency?

Reference no: EM13257804

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