A couple wishes to borrow money using the equity in their home for collateral. A loan company will loan them up to 70% of their equity They puchased their home 11 years ago for $77 243. The hom was financed by paying 10% down and signing a 15-year mortgago at 8.7% on the unpaid balance. Equal monthly payments were made to amortize the loan over the 15 year period. The value of the house is now $100,000. After making their 132nd payment, they applied to the loan company for the mauimum loan. How much to the moon dollar in they receive Amount of loan $ (Round to the nearest dollar) A couple wishes to borrow money using the equity in their home for collateral. A loan company will loan them up to 70% of their equity They puchased their home 11 years ago for $77 243. The hom was financed by paying 10% down and signing a 15-year mortgago at 8.7% on the unpaid balance. Equal monthly payments were made to amortize the loan over the 15 year period. The value of the house is now $100,000. After making their 132nd payment, they applied to the loan company for the mauimum loan. How much to the moon dollar in they receive Amount of loan $ (Round to the nearest dollar)