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Jean purchases a house for $750,000 and is able to secure an interest only , 5 year fixed rate mortgage for $600,000 at 5% interest.

Jean purchases a house for $750,000 and is able to secure an interest only, 5 year fixed rate mortgage for $600,000 at 5% interest. After five year, the house appreciates to $780825.04. What is Jean's equity as a percent of the house value? Write your answer as a percent rounded to two decimal points without the % sign

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