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Emilio's home was recently appraised for $235,000. The balance of his first mortgage is $121,000. The bank is willing to lend up to 85% of

Emilio's home was recently appraised for $235,000. The balance of his first mortgage is $121,000. The bank is willing to lend up to 85% of the appraised value for a home equity loan. What is the amount of credit available for a home equity loan? Available credit: $

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