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Question 6 You bought a home 8 years ago for $168,000 and got a $150,000 mortgage loan. You spent ST5,000 on improvements. Your mortgage balance
Question 6 You bought a home 8 years ago for $168,000 and got a $150,000 mortgage loan. You spent ST5,000 on improvements. Your mortgage balance is currently $134,200. Your home is now worth $233,000. What is your equity in the home? $98,900 $50,000 $65,000 $233,000
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