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A house was purchased for $400,000 and has a market value of $440,000 and a mortgage of $333,000. What is the equity in this house?

A house was purchased for $400,000 and has a market value of $440,000 and a mortgage of $333,000. What is the equity in this house? A. $67,000 OB. $107,000 C. 24.3% D. $40,000 This

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