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A few years ago, you purchased a home for $89700. Today, the home is worth $102300. Your remaining mortgage balance is $57037. Assuming you can

A few years ago, you purchased a home for $89700. Today, the home is worth $102300. Your remaining mortgage balance is $57037. Assuming you can borrow up to 80 percent of the home's current value, what is the maximum amount of cash you could borrow in a cash-out home refinancing?

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