10p 4.YOU BOUGHT YOUR HOUSE FOR $160,000 AND HAVE $120,000 LEFT IN MORTGAGE PAYMENTS. a.WHAT EQUITY DO YOU HAVE IN YOUR HOME ? b. HOME EQUITY LOAN REQUIRES A 5% MIN EQUITY,SO HOW MUCH COULD YOU BORROW? C.IF YOU DID BORROW THE MAX, WHAT EQUITY WOULD YOU HAVE LEFT ?

4.YOU BOUGHT YOUR HOUSE FOR $160,000 AND HAVE $120,000 LEFT IN MORTGAGE PAYMENTS. a. WHAT EQUITY DO YOU HAVE IN YOUR HOME? b. HOME EQUITY LOAN REQUIRES A 5\% MIN EQUITY, SO HOW MUCH COULD YOU BORROW? C.IF YOU DID BORROW THE MAX, WHAT EQUITY WOULD YOU HAVE LEFT? 4.YOU BOUGHT YOUR HOUSE FOR $160,000 AND HAVE $120,000 LEFT IN MORTGAGE PAYMENTS. a. WHAT EQUITY DO YOU HAVE IN YOUR HOME? b. HOME EQUITY LOAN REQUIRES A 5\% MIN EQUITY, SO HOW MUCH COULD YOU BORROW? C.IF YOU DID BORROW THE MAX, WHAT EQUITY WOULD YOU HAVE LEFT