If Adam's house was purchased for $280 000 five years ago and is worth $296 000 now, and his mortgage was $224 000 and amortized over 25 years, at four percent interest, compounded semi annually, with monthly payments, what is his equity in his house now? (To the nearest $1000) O A. $101 000 OB. $85 000 OC. $72 000 O D. Not enough information given to answer this If Adam's house was purchased for $280 000 five years ago and is worth $296 000 now, and his mortgage was $224 000 and amortized over 25 years, at four percent interest, compounded semi annually, with monthly payments, what is his equity in his house now? (To the nearest $1000) O A. $101 000 OB. $85 000 OC. $72 000 O D. Not enough information given to answer this