Is this just very poor language from the Mock?
Net worth = Assets - Liab.
Net wealth = Net worth + HC - PV(Liab).
They ask for “Net Worth” but expect Net Wealth. Is this not correct?
Is this just very poor language from the Mock?
Net worth = Assets - Liab.
Net wealth = Net worth + HC - PV(Liab).
They ask for “Net Worth” but expect Net Wealth. Is this not correct?
I was thinking the same thing