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The Nguyen family's home was recently appraised for $178,200. The balance of their first mortgage is $115,100. The bank is willing to lend up to

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The Nguyen family's home was recently appraised for $178,200. The balance of their first mortgage is $115,100. The bank is willing to lend up to 75% of the appraised value for a home equity loan. What is the amount of credit available for a home equity loan? Available credit: $

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