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6. [-/12.5 Points] DETAILS BRECMBC9 14.11.007.MI. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER You own a home that was recently appraised for $370,000. The balance

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6. [-/12.5 Points] DETAILS BRECMBC9 14.11.007.MI. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER You own a home that was recently appraised for $370,000. The balance on your existing mortgage is $119,350. If your bank is willing to loan up to 70% of the appraised value, what is the potential amount (in $) of credit available on a home equity loan? $ Need Help? Read It Watch It Master it

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