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For the second mortgage application, calculate the percentage of appraised value and the potential credit (in $). Appraised Lender's Value Percentage $358,900 Need Help? Submit

For the second mortgage application, calculate the percentage of appraised value and the potential credit (in $). Appraised Lender's Value Percentage $358,900 Need Help? Submit Answer 75% Read It Percentage of Appraised Value (in $) $ Balance of First Mortgage $198,500 $ Potential Credit (in $)
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For the second mortgage application, calculate the percentage of appraised value and the potential credit (in \$). \begin{tabular}{|c|c|c|c|c|} \hline AppraisedValue & LendersPercentage & PercentageofAppraisedValue(in$) & BalanceofFirstMortgage & PotentialCredit(in$) \\ \hline$358,900 & 75% & $ & $198,500 & $ \\ \hline \end{tabular} Need Help? Read II Submit

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