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For the second mortgage application, calculate the percentage of appraised value and the potential credit (in $). Appraised Value Lender's Percentage Percentage of Appraised Value
For the second mortgage application, calculate the percentage of appraised value and the potential credit (in $).
| Appraised Value | Lender's Percentage | Percentage of Appraised Value (in $) | Balance of First Mortgage | Potential Credit (in $) |
|---|---|---|---|---|
| $127,500 | 70% | $ | $53,200 | $ |
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Commodity Market Trading And Investment
Authors: Tom James
1st Edition
1137432802, 978-1137432803
