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e. e. None of the above 29. Lisa puts $50,000 in cash down on a house that costs $400,000 and finances the rest with a

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e. e. None of the above 29. Lisa puts $50,000 in cash down on a house that costs $400,000 and finances the rest with a mortgage loan. What is the effect on her Net Worth? $50,000 decrease b. $ 0 C. $50,000 increase d. $350,000 increase $400,000 increase 30. One year ago, Elaine purchased a house for $400,000. Today, the house is worth $425,000 and she has reduced her outstanding mortgage principal by $10,000 by making payments from her income stream. What is the impact on Elaine's new worth? a. $15,000 increase b. $25,000 increase c. $35,000 increase d. $45,000 increase 31. Lauren, her husband, and 5 children went on vacation to Disney World for one week. Lauren spent $7,000 on the family vacation and paid for it with money in her savings account. What is the impact on her net worth? b No impact $7,000 decrease $7,000 increase Cannot be determined from the information given d

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