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Credit Limit. Mary and Marty are interested inning a home equity loan, They purchased their house ve years agn for $146,000, and it has a

Credit Limit. Mary and Marty are interested inning a home equity loan, They purchased their house ve years agn for $146,000, and it has a market value of 1171,428 Orignally, Mary and Marty $33.757 down in the house in took out a $112.200 mortgage. The oument balance on their mortgage is $80,137. The bar as 85% of equity in demining the code and What wit the creditimit be if the banks the market value of duty to me there ant and will loan them 0% ty If the bark was the market value of equity to determine their credit sit and will loan them 85% of the equity, the credit med bound to the Part 1 of 8 Amortization. Beth has just bomowed $6,100 on a four-year loan at 11% simple interest. Complete the amortization table for the first five months of the loan a. The beginning balance of the loan for month 2 is $ (Round to the nearest cent) O Pointa 0 of 1 Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Payment Beginning Payment Applied to Number Balance Amount Interest Applied to Principal New Balance 123 $6,100 $157.66 $55.92 $101.74 $5,998.26 a $157.66 $54.98 b $5,895.58 $5,895.58 d $103.62 $5,791.96 $5,791.96 $157.66 e $104.57 f 5 10 $5,687.39 $157.66 $52.13 g h

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