Which of the following items would you most likely not be able to keep in Chapter 7 bankruptcy?



a.
equity in your home (the amount of your home that you actually owe)
b.
a genuine leather jacket worth $600
c.
a sports car with $9,000 equity
d.
automotive tools that you own



Please select the best answer from the choices provided.

Answers

Answer 1

The answer is (c) a sports car with $9,000 equity.

What is the equity?

Equity is the value of the shares you have purchased from a company. The equity you have gives value to you as a person based on your business or a business you support.

In a Chapter 7 bankruptcy, certain property may be exempt from liquidation, while other property may be subject to liquidation to repay creditors.

The exempt property is generally determined by state law, and may include things like a certain amount of equity in a primary residence, a vehicle, and personal property such as clothing and household goods.

Answer (a) refers to equity in a home, which may be exempt in certain cases depending on the state's homestead exemption laws. If the amount of equity in the home falls within the exemption limit, then it may be able to be kept in a Chapter 7 bankruptcy.

Answer (b) refers to a genuine leather jacket worth $600. In many cases, clothing and personal items are exempt in a Chapter 7 bankruptcy, so it is likely that the jacket could be kept.

Answer (c) refers to a sports car with $9,000 equity.

Depending on the state's motor vehicle exemption laws, the equity in the car may exceed the exemption limit and may need to be liquidated to repay creditors.

Answer (d) refers to automotive tools that you own.

Depending on the state's personal property exemption laws, the tools may be exempt and may be able to be kept in a Chapter 7 bankruptcy. However, if the value of the tools exceeds the exemption limit, they may need to be liquidated to repay creditors.

Therefore, the answer is (c) a sports car with $9,000 equity.

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Related Questions

Which equations can be used to find the lengths of the legs of the triangle? Select three options. 0.5(x)(x + 2) = 24 x(x + 2) = 24 x2 + 2x – 24 = 0 x2 + 2x – 48 = 0 x2 + (x + 2)2 = 100

Answers

None of the provided equations are direct formulas for finding the lengths of the legs of a triangle.

What is equation?

A mathematical definition of an equation is a claim that two expressions are equal when they are joined by the equals symbol ("="). For illustration, 2x - 5 Equals 13.

Here,

5 and 13 are phrases for 2x.

FROM THE QUESTION?

The number of x, which is one of the lengths of a right triangle's legs, can be determined by solving the quadratic equation [tex]0.5(x)(x+2)=24[/tex] . It is not a straightforward method, though, to determine the lengths of the legs.

It is possible to simplify and calculate the quadratic equation [tex]x(x+2)=24[/tex] to determine the values of x, which correspond to the lengths of a rectangle whose area is 24. Once more, there is no simple method for determining the lengths of a triangle's legs.

You can simplify and calculate the equation [tex]x^2+(x+2)2=100[/tex] to determine the value of x, which is one of the lengths of a right triangle's legs. It is not a straightforward method, though, to determine the lengths of the legs.

The lengths of a triangle's legs cannot be determined directly using any of the given formulae.

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A recipe calls for 2 cups of peanuts for 3 cups of flour. Using the same recipe, how many cups of flour will you need for 5 cups of peanuts?

Answers

You are going to make two and a half recipes
2 + 2 + 1 = 5 cups of peanuts
3 + 3 + 1.5
= 7.5
Yo are going to need 7.5 cups of flour for the 5 cups of peanuts

on new year’s day the average temperature of the city is 5.7 degrees celsius. but for new year’s day 2012 the temperature was 9.8 degrees below the average

Answers

Answer:

-4.1

Step-by-step explanation:

5.7-9.8= -4.1

write 9sinhx+4coshx in terms of e^x and e^-x

Answers

Answer:

You can write it as (9/2)e^x + (2)e^-x.

Which equation shows the relationship between the angles in the triangle?

Answers

Step-by-step explanation:

One of the basic facts of triangles, no matter the triangle, is that all the interior angles add up to 180 degrees. With this fact it would be angle a plus angle b plus angle c would be 180 degrees.

For the first two years of her mortgage stress was making fixed monthly payments of 1000 per month her two year fix rate. Has just ended and now she must pay an interest rate of 6%. The amount understanding on her mortgage is 170,000 after two years and the mortgage will last for 28 years more. Calculate the increased in monthly payments that she must be now.

Answers

Answer:

The new monthly payment will be $944.16

PLEASE HELP!!! THANK YOU

Answers

the answer is y-1=-4(x+2)

The point slope form of the line that passes through (-2 ,1) and a slope of - 4 is  y - 1 = -4(x + 2).

How to represent equation in point slope form?

The equation of a line can be represented in point slope form as follows:

y - y₁ = m(x - x₁)

where

m = slope of the linex₁ and y₁ are variables

Therefore, the line passes through (-2 ,1) and a slope of - 4.

The point slope form is as follows:

y - y₁ = m(x - x₁)

y - (1) = -4(x - (-2))

y - 1 = -4(x + 2)

Therefore, the point slope form is y - 1 = -4(x + 2)

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5. Find the time in which the loan of N3,900 at the rate of 5% yields N585=

6 What time will the simple interest N70,000 at the rate of 7% be used
for a loan of N20,000.00=

7.If N300.00 amount to N390 at the rate of 3%. Find the time.=

8.The simple interest on N5600.00 in 1 year is N80.00, find the rate percent per annum=

9.What year will N5100 yield an interest of N170.00 at the rate of 2 1/2 per annum=

10.What rate per annum will N4,600 yield an interest of N230.00 for 2 years=

11. What time will N8100 yield an interest of N729 at the rate of 9% per annum=

12.Report from the bank says the interest on N2300 is N23.00 for 2 years find the rate of interest per annum.=

Answers

Therefore, the rate per annum at which N4,600 will yield an interest of N230 for 2 years is 2.5%.

What is percent?

Percent is a term used to describe a fraction or ratio that represents a portion of 100. It is often represented by the symbol % and is commonly used to express a portion or a rate of change. For example, if an item is discounted by 20%, it means the price has been reduced by 20% of the original price or 20/100 of the original price. Similarly, if someone earns a grade of 85% on a test, it means they answered correctly 85 out of 100 questions.

Here,

7. To find the time (in years) in which a loan of N3,900 at the rate of 5% yields N585.60 in simple interest, we can use the formula:

I = P * r * t

where I is the interest, P is the principal, r is the interest rate, and t is the time in years.

Substituting the given values, we get:

585.60 = 3,900 * 0.05 * t

Solving for t, we get:

t = 3 years

Therefore, it will take 3 years for the loan of N3,900 at the rate of 5% to yield N585.60 in simple interest.

8. To find the time (in years) for a loan of N20,000 at the rate of 7% to accumulate N70,000 in simple interest, we can use the formula:

I = P * r * t

where I is the interest, P is the principal, r is the interest rate, and t is the time in years.

Substituting the given values, we get:

70,000 = 20,000 * 0.07 * t

Solving for t, we get:

t = 50 years

Therefore, it will take 50 years for the loan of N20,000 at the rate of 7% to accumulate N70,000 in simple interest.

9. To find the time (in years) for N300 to accumulate to N390 at the rate of 3%, we can use the formula:

I = P * r *t

where I is the interest, P is the principal, r is the interest rate, and t is the time in years.

Substituting the given values, we get:

90 = 300 * 0.03 * t

Solving for t, we get:

t = 10 years

Therefore, it will take 10 years for N300 to accumulate to N390 at the rate of 3%.

10. To find the year in which N5,100 will yield an interest of N170 at the rate of 2.5% per annum, we can use the formula:

I = P * r * t

where I is the interest, P is the principal, r is the interest rate, and t is the time in years.

Substituting the given values, we get:

170 = 5,100 * 0.025 * t

Solving for t, we get:

t = 2 years

Therefore, it will take 2 years for N5,100 to yield an interest of N170 at the rate of 2.5% per annum. If the interest is compounded, we would need to use the compound interest formula instead.

11. To find the rate per annum at which N4,600 will yield an interest of N230 for 2 years, we can use the formula:

I = P * r * t

where I is the interest, P is the principal, r is the interest rate, and t is the time in years.

Substituting the given values, we get:

230 = 4,600 * r * 2

Solving for r, we get:

r = 0.025 or 2.5%

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7. From the observation deck of a skyscraper, Matthew
measures a 45° angle of depression to a ship in the harbor
below. If the observation deck is 1053 feet high, what is
the horizontal distance from the base of the skyscraper out
to the ship? Round your answer to the nearest tenth of a
foot if necessary.

Answers

The horizontal distance from the base of the skyscraper out to the ship would be 1053 feet.

What are the trigonometric ratios?

Trigonometric ratios for a right-angled triangle are from the perspective of a particular non-right angle.

In a right-angled triangle, two such angles are there which are not right angled(not of 90 degrees).

The slanted side is called the hypotenuse.

Let d the horizontal distance from the base of the skyscraper out to the ship. Since the angle of depression is 45°, hence:

[tex]\text{Angle} = 90 - 45 = 45^o[/tex]

Using trigonometric ratio:

[tex]tan(45) = \dfrac{d}{1053}[/tex]

[tex]d = 1053\ \text{feet}[/tex]

The horizontal distance from the base of the skyscraper out to the ship would be 1053 feet.

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which reason justifies

Answers

Answer:
(C) Alternate interior angles are congruent.
Step-by-step explanation:
Given: Lines A and B are parallel lines and C and D are transversals.
To prove: ZX + LY + 2Z = 180°
Proof:
Statement
Reason
1. Lines A and B are parallel lines;
Given
C and D are transversals
2.Alternate
interior angles
3.Alternate
interior angles
4.2X+24+26=180°
Straight line
property
5. Substitution
property
Hence proved.
Therefore, option C is correct.

p(1)=0.08, p(2)=0.02, p(3)=1.03

Answers

The correct statement regarding whether each set of values form a discrete probability distribution is given as follows:

p(1)=0.08, p(2)=0.02, p(3)=1.03 -> No.P(1) = 0.42, p(2) = 0.31, p(3) = 0.37 -> No.P(1) = 9/14, P(2) = 4/14, P(3) = 1/14 -> Yes.

What are the conditions for a set of values to represent a discrete probability distribution?

There are three conditions for a set of values to represent a discrete probability distribution, and they are given as follows:

Sum of all values is of 1.Non-negative values.No values greater than 1.

Hence the sets are justified as follows:

p(1)=0.08, p(2)=0.02, p(3)=1.03 -> No, as p(3) = 1.03 > 1.P(1) = 0.42, p(2) = 0.31, p(3) = 0.37 -> No, as the sum of the probabilities is of 1.1 > 1.P(1) = 9/14, P(2) = 4/14, P(3) = 1/14 -> Yes.

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This is not a math question, but can someone please tell me how to put my questions in the high school section instead of the college one?

Answers

Answer:

it should give you the option right before you post the answer, what subjectand grade level

Step-by-step explanation:

What is the shape of each cut surface? What are its dimensions?

Answers

Answer:

1. The shape of each cut surface is the same shape as the base it is parallel to: a rectangle. It is an 8" by 10" rectangle

Step-by-step explanation:

Find X correct to 2 decimal places.
NOTE: The triangle is NOT drawn to scale.

Answers

The length of the side 'х' is 79.20 units to two decimal places.

What is angle?

Angle is a two-dimensional figure that is formed by two straight lines intersecting each other. It can also be defined as the amount of rotation between two lines or planes. An angle is measured in degrees, with a full rotation being 360°.

The given triangle is a right-angled triangle as it has an angle of 64° which is a right angle. The angle 35° and 113 are the other two angles of the triangle. To find the length of the side 'х', we need to use the Pythagorean Theorem. The Pythagorean Theorem states that "the square of the hypotenuse is equal to the sum of the squares of the other two sides".
In this case, the hypotenuse is 113, and the other two sides are 'х' and the perpendicular side opposite to the angle of 35°. Therefore, using the Pythagorean Theorem, we can say:
113² = х² + (perpendicular side)²
Using the trigonometric ratio sine, we can calculate the length of the perpendicular side opposite to the angle 35°, which is equal to the sine of 35° multiplied by the hypotenuse.
(perpendicular side) = sin 35° × 113
Therefore, the equation for the triangle now becomes:
113² = х² + (sin 35° × 113)²
Simplifying the equation and solving for 'х' gives us:
х² = 113² - (sin 35° × 113)²
х = √(113² - (sin 35° × 113)²)
Finally, substituting the values, we get:
х = √(113² - (sin 35° ×113)²)
 = √(12,841 - (0.5736 × 113)²)
 = √(12,841 - 6,539.7808)
 = √6,301.2192
 = 79.20
Therefore, the length of the side 'х' is 79.20 units to two decimal places.

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c is greater than or equal to 3

Answers

Answer:

Step-by-step explanation:

equal

Part A
There were 600 water samples taken for an experiment using pH and iron levels. The results are shown in the table.
What are the probabilities for the listed events? Write your answers as decimals rounded to the thousandths place.

Answers

Answer:

The answer to your problem is, 0.275 0.273 0.400 and 0.300

Step-by-step explanation:

My calculation ( May not be correct )

P ( low iron or LI )  [tex]\frac{165}{600}[/tex] = 0.275

P ( low pH | LI ) = [tex]\frac{45}{165}[/tex] = 0.273

P ( low pH ) = [tex]\frac{150}{600}[/tex] = 0.400

P ( LI | Low pH ) = [tex]\frac{45}{150}[/tex] = 0.300

Thus by making these calculations the answer to your problem is, 0.275 0.273 0.400 and 0.300

Findthe value of x using trigonometry. Round answer to the nearest tenth​

Answers

Answer:

x ≈ 20.0

Step-by-step explanation:

using the cosine ratio in the right triangle

cos26° = [tex]\frac{adjacent}{hypotenuse}[/tex] = [tex]\frac{18}{x}[/tex] ( multiply both sides by x )

x × cos26° = 18 ( divide both sides by cos26° )

x = [tex]\frac{18}{cos26}[/tex] ≈ 20.0 ( to the nearest tenth )

work shown will receive only 1 credit. nd explain your reasoning. For all questions in this part, a correct 9. In the following diagram it is given that OS is congruent to WT. Fill in the reasons below in the proof that QW is congruent to ST. (1) QS = WT (2) OW+WS (3) WS=WS (4) OW ST Statements WS+ST a whole's Sum of its part (1) Given W Reasons R (2) addition (3) Refleytive property (4) CPCTZ 2​

Answers

The reasons that complete the table in the prove that the segment [tex]\overline{QW}[/tex] is congruent to [tex]\overline{ST}[/tex]can be presented as follows;

Statements                                [tex]{}[/tex]                     Reasons

(1) [tex]\overline{QS}[/tex] ≅ [tex]\overline{WT}[/tex]                                    (1) Given

(2) [tex]\overline{QW}[/tex] + [tex]\overline{WS}[/tex] ≅ [tex]\overline{WS}[/tex] + [tex]\overline{ST}[/tex] [tex]{}[/tex]             (2) Segment addition postulate

(2) [tex]\overline{WS}[/tex] ≅ [tex]\overline{WS}[/tex] [tex]{}[/tex]                                 (3) Reflexive property of congruence

(4) [tex]\overline{QW}[/tex] ≅ [tex]\overline{ST}[/tex]    [tex]{}[/tex]                               (4) Subtraction property of congruence

What are congruent segments?

Congruent segments are segments that, lengthwise, are the same (congruent segments have the same length).

Congruent segments are denoted by the symbol ≅ which is placed between the segments.

The details of the reasons in the above prove are presented as follows;

Segment addition postulate

The segment addition postulate states that the point B is located on the segment AC if we get AC = AB + BC

Reflexive property of congruence

The reflexive property of congruence states that a geometric figure or shape is congruent to itself.

Subtraction property of congruence

The subtraction property of congruence states that the remaining segments, following the subtraction of the same lengths of segments from two segments that are congruent segments, are also congruent.

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I will mark you brainiest!

In steps please

A scalene triangle has sides of 13 feet, 15 feet, and 21 feet. Find the perimeter of the triangle.

Answers

Answer:

the perimeter of the scalene triangle is 49 feet.

Step-by-step explanation:

To find the perimeter of the scalene triangle, you simply add up the lengths of all three sides:

Perimeter = 13 feet + 15 feet + 21 feet

Perimeter = 49 feet

Therefore, the perimeter of the scalene triangle is 49 feet.

*Brady has a bankruptcy on his credit report, so he pays higher interest rates on his current loans. He calculates that the extra money he pays in additional interest each year, if invested at the rate of 3% for one year, could earn him simple interest totaling $210. How much does Brady pay in additional interest each month?
Hint: Use the simple interest formula I=P*r*t where P is principal amount, r is rate, and t is time. In this case, for Brady I is the simple interest $210, P is what you are trying to find, r is the rate of 3% (make sure to convert to decimal), and t is time in years, 1 year.

After you find P, divide it by 12 and that is your answer. Round it to the nearest cent.

Answers

Brady pays an additiοnal interest οf $583.33 each mοnth.

What is the interest?

Tο calculate simple interest, multiply the principal amοunt by the interest rate and the time. The fοrmula written οut is "Simple Interest = Principal x Interest Rate x Time." This equatiοn is the simplest way οf calculating interest.

Let x be the additiοnal interest Brady pays each mοnth.

Since there are 12 mοnths in a year, the tοtal additiοnal interest he pays in a year is 12x.

Accοrding tο the prοblem, if Brady invests this additiοnal interest at the rate οf 3% fοr οne year, he will earn $210 in simple interest. Using the simple interest fοrmula, we have:

I = Prt

210 = 12x0.031

Simplifying this equatiοn, we get:

210 = 0.36x

Dividing bοth sides by 0.36, we get:

x = $583.33

Therefοre, Brady pays an additiοnal interest οf $583.33 each mοnth.

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Which system of equations has the solution (4, -3)
A. y = -2x + 5 and x + y = 1
B. y = 2x - 5 and x - y = 1
C. y = -5x + 2 and 2x + y = 2
D. y = 5x - 2 and 2y - x = 2

Answers

Answer:

A.Y=-2x+5 and x+y=1 is the system of equation has the solution.i am sorry if iam wrong.

Does anyone know the answer?

Answers

Answer: Car tire

Step-by-step explanation:

30 inches is about 2 1/2 feet, about the size of a car tire when taken into consideration.

solve:

f(x)=3x^2-2x+4

x=2

Answers

Answer:

to find f(2), we need to substitute x=2 into the equation:

f(2) = 3(2)^2 - 2(2) + 4

Simplifying:

f(2) = 3(4) - 4 + 4

f(2) = 12

Therefore, f(2) = 12.

Step-by-step explanation:

Answer:

Step-by-step explanation:

[tex]f(2) = (3)(2^2) - 2(2) +4[/tex]

       [tex]= 12 - 4+ 4[/tex]

       [tex]= 12[/tex]

Choose True or False for each statement.

a. The numbers 0.3 and 0.3. . . are equal to the same fraction.
b. The number 0.111000111000 . . . is a repeating decimal.
c. The fraction 1/9 is equal to a repeating decimal.
d. The fraction 2/11 is equal to 0.1818 . . . .

Answers

Answer:

a. True. Both 0.3 and 0.3... represent the decimal expansion of one-third, which is equivalent to the fraction 1/3.

b. True. The number 0.111000111000... is a repeating decimal, with a repeating block of three digits (111) that starts repeating from the fourth decimal place.

c. True. The fraction 1/9 is equal to the repeating decimal 0.1111..., where the digit 1 repeats infinitely.

d. True. To convert the fraction 2/11 to a decimal, we can perform long division. We get a repeating decimal expansion of 0.181818... where the digits 18 repeat infinitely. Therefore, the statement is true.

Step-by-step explanation:

i’ve been struggling for hours and i still can’t get it!! someone please help

Answers

Answer:

40.1 cm

Step-by-step explanation:

For this problem we will use trigonometry. To find x, we have to remember SOH CAH TOA

Our angle is 55, and the we have the value adjacent to the angle which is 23 cm so we will take that and make an equation because we are missing the hypotenuse:

CAH = adjacent/hypotenuse

cos = ^

cos ( 55 ) = 23/x

multiply x both sides

xcos(55) = 23

divide cos(55) from left

x = 23/cos(55)

input in calculator (make sure in right mode degrees)

23/(cos(55))

x = 40.09927 cm

x = 40.1 cm

Trapezoid W X Y Z is rotated about point A 180 degrees clockwise to form trapezoid W prime X prime Y prime Z prime. Trapezoid W prime X prime Y prime Z prime is reflected across the line of reflection m to form trapezoid W double-prime X double-prime Y double-prime Z double-prime.
Analyze the diagram. What is the composition of transformations that was applied to map WXYZ to W''X''Y''Z''?

The first transformation was a


.



The second transformation was a

Answers

The first transformation was a rotation about point A.

The second transformation was a reflection across line M.

What is a rotation?

In Mathematics, a rotation can be defined as a type of transformation which moves every point of the object through a number of degrees around a given point, which can either be clockwise or counterclockwise (anticlockwise) direction.

By critically observing the diagram which illustrates the sequence of transformations, we can logically deduce that the first transformation was a clockwise rotation about point A by 180 degrees.

Furthermore, the second transformation that maps W'X'Y'Z' to W''X''Y''Z'' is a reflection across the line of reflection M.

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Lin says that 4÷3/4 equals 5 1/4 because there are five groups of 3/4 and 1/4 left. Do you agree with Lin?

Answers

no, keep change flip, 4/1 x 4/3=16/3, that reduced is 8

The result is 5 1/3, not 5 1/4 as Lin suggested.

No, I don't agree with Lin's statement. Lin's explanation is incorrect.

When evaluating the expression 4 ÷ (3/4), we need to remember the order of operations, which states that we should perform the division before the multiplication.

To divide by a fraction, we can multiply by its reciprocal. The reciprocal of 3/4 is 4/3. Therefore:

4 ÷ (3/4) = 4 * (4/3)

Now we can simplify the expression:

4 * (4/3) = (4 * 4) / 3 = 16 / 3

The result, 16/3, is an improper fraction. To convert it to a mixed number (a whole number and a fraction), we divide the numerator (16) by the denominator (3):

16 ÷ 3 = 5 with a remainder of 1

The quotient is 5, and the remainder is 1. Therefore, the result is 5 1/3, not 5 1/4 as Lin suggested.

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HELP ASAP PLEASE!
The volume of a box with length 10 cm, width 8 cm, and height 6 cm is how many cubic centimeters greater than a box of length 6 cm, width 6 cm, and height 5 cm?

Answers

After finding the volumes of the boxes, we found that the volume of the box with dimensions 10×8×6 cm is 300 cubic centimetres greater than the volume of the box with dimensions 6×6×5 cm.

What is meant by the volume?

Three-dimensional space is quantified by volume. Any three-dimensional solid's volume is just the amount of space it takes up. A cube, cuboid, cone, cylinder, or sphere can be one of these solids. Volumes vary depending on the shape. A solid's volume is expressed in cubic units. Knowing an object's volume can help us figure out how much of it will be needed to fill it, such as how much water will be needed to fill a bottle, aquarium, or water tank. The object's capacity is another name for it.

First box dimensions

Length l = 10 cm

Width w = 8 cm

Height h = 6 cm

The volume of box = l * w * h = 10 * 8 * 6 = 480 cm³

Second box dimensions

Length l = 6 cm

Width w = 6cm

Height h = 5 cm

The volume of box = l * w * h = 6 * 6 * 5 = 180 cm³

The difference between volumes of boxes = 480 - 180 = 300cm³

Therefore after finding the volumes of the boxes, we found that the volume of the box with dimensions 10×8×6 cm is 300 cubic centimetres greater than the volume of the box with dimensions 6×6×5 cm.

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is -2-3=-2+-3 justify your answer

Answers

Answer:

- 2 - 3 is the same thing as -2 + -3. This is because taking away 3 is the same thing as adding - 3. -2 -3 is just a more simplified version of -2 + -3.

Hope this helps!

Answer is yes, they are the same

Explanation

The sum of two negative numbers always results in a negative number. This can be explained with the Number Line Rule. To add negative numbers we move to the left on the number line.
You can also use the “+” sign as an “and” so -2 and -3 = -5

Solve. d + (-d) =
• 0
• 2d
• -2d
• d

Answers

Answer:

0

Step-by-step explanation:

When adding a negative, just get rid of the negative and subtract.

D-d=0

Other Questions
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