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A few years ago, Simon Powell purchased a home for $ 2 3 0 , 0 0 0 . Today, the home is worth $

A few years ago, Simon Powell purchased a home for $230,000. Today, the home is worth $410,000. His remaining mortgage balance is $180,000. Assuming that Simon can borrow up to 70 percent of the market value, what is the maximum amount he can currently borrow against his home?

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