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Mathematics, 11.09.2019 08:10 mfreeman1096

The following table shows the assets and liabilities of the chang family in 2007 and 2008. 2007 2008 home valued at $315,000 home valued at $325,000 mortgage of $265,000 mortgage of $240,000 car valued at $10,000 car valued at $6,000 car loan of $5,000 car loan of $1,000 savings of $2,000 credit card debt of $1,500 based on the table, which of the following is true? a. from 2007 to 2008, both assets and liabilities decreased. b. from 2007 to 2008, both assets and liabilities increased. c. from 2007 to 2008, assets decreased and liabilities increased. d. from 2007 to 2008, assets increased and liabilities decreased. select the best answer from the choices provided a b c d

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