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Martha and Gordon purchased a home for $175,000 six years ago with a 5.5 percent, 30-year $140,000 mortgage. Their home now has a market value

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Martha and Gordon purchased a home for $175,000 six years ago with a 5.5 percent, 30-year $140,000 mortgage. Their home now has a market value of $210,000 and they owe $134,000 on the mortgage. What is the equity in their home? Show computations. 9 C - U B I S xz x2 A Ff 7 TE I 96,000

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