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Martha buys a piece of land worth $40 000 by paying $10 000 down and then taking out a loan for-$30-000. The loan will-be-retired-with-quarterly-payments-over-15-years-at-j=14% .

Martha buys a piece of land worth $40 000 by paying $10 000 down and then taking out a loan for-$30-000. The loan will-be-retired-with-quarterly-payments-over-15-years-at-j=14% . find her equity at the end of 9 years.

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