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(1)/(001) Hira Singh has a home valued at $650,000 with no existing mortgage. Calculate the maximum amount that can be financed in the form

(1)/(001)

\ Hira Singh has a home valued at

$650,000

with no existing mortgage. Calculate the maximum amount that can be financed in the form of a revolving home equity line of credit:\

$422,500\ $520,000\ $617,500\ $338,000

\ Calculate the amount that will be in a fixed term mortgage:\

$130,000

\

$182,000

\

$104,000
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Hira Singh has a home valued at $650,000 with no existing mortgage. Calculate the maximum amount that can be financed in the form of a revolving home equity line of credit: $422,500 $520,000 $617,500 $338,000 Calculate the amount that will be in a fixed term mortgage: $130,000 $182,000 $104,000

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