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Problem 6-1 Calculating the Amount for a Home Equity Loan [LO6-2] $176,000. Assuming Michael can borrow up to 80 percent of the market value of

Problem 6-1 Calculating the Amount for a Home Equity Loan [LO6-2] $176,000. Assuming Michael can borrow up to 80 percent of the market value of his home, what is the mexerum amounteccen borrow

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