Answer: The Svenson's assets increased by $1800
Explanation:
From the question, we are informed that the Svensons found a refrigerator valued at $2300 on sale for $1900 and they decide to withdraw $500 from savings to use as a down payment on the purchase of the refrigerator and take out a loan to pay the balance.
Based on the above scenario, the Svensons assets will increase by:
= $2300 - $500
= $1800
The savings withdrawn will be removed from the normal value of the refrigerator. Therefore, the answer is that "The Svenson's assets increased by $1800".
