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For the following second mortgage application, calculate the percentage of appraised value and the potential credit: Appraised Lender's Percentage of Balance of First Potential Value=

For the following second mortgage application, calculate the percentage of appraised value and the potential credit:

Appraised Lender's Percentage of Balance of First Potential Value= $79,100

Percentage= 80%

Appraised Value

Mortgage= $22,400

Credit

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