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Is the following calculation correct? Average Net worth in accounting: Year 2020- $10,000,...

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Accounting

Is the following calculation correct?
Average Net worth in accounting: Year 2020- $10,000, Year 2021- $15,000, Year 2022- $18,000, Year 2023- $20,000. The Average Net Worth is the (First Year plus the Last Year)/ The amount of years; =(10,000+20,000)/4= $7,500

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