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9. A $300,000 home was purchased with 35% down and the rest financed with a 30 year home loan at 3.5% (12). Assuming home values
9. A $300,000 home was purchased with 35% down and the rest financed with a 30 year home loan at 3.5% (12). Assuming home values are growing at 2% per year, find the equity in the home after ten years
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