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The Schutts paid $135,000 for their home five years ago. Their downpayment was $25,000. They have paid off $18,000 of their original outstanding mortgage. The

The Schutts paid $135,000 for their home five years ago. Their downpayment was $25,000. They have paid off $18,000 of their original outstanding mortgage. The market value of their home is now $125,000. What is their current equity in the house?

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