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Riley and Sue paid 30% down for a house valued at $135,000 in 2012. They make monthly payments toward principle of $500 for 5 years.

Riley and Sue paid 30% down for a house valued at $135,000 in 2012. They make monthly payments toward principle of $500 for 5 years. If they sell the house in 2017 for $180,000, what will the value of their equity be?

A. $40,500

B. $115,500

C. $45,000

D. $70,500

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