<prompt> Given some personal financial information, calculate the net worth of the person.Assets:- House: 400,000- Savings: 60,000- Car: 15,000Liabilities:- Mortgage: 300,000- Student Loan: 30,000  <response>: To calculate the net worth of a person, we need to subtract their liabilities from their assets. Based on the provided information, the total assets of the person are 475,000, calculated by adding the value of their house 400,000, savings 60,000, and car 15,000. The persons total liabilities are 330,000, which is the sum of their mortgage 300,000 and student loan 30,000. So, the net worth of this person would be: 475,000 total assets - 330,000 total liabilities 145,000. 