This is still all in one question but separate

Paste B A S SE E Merge & Center $ % 94 .99 Clipboard Conditional Format as Cell Formatting Table Styles Styles Font Alignment Number K491 DE 474 475 Part 8: Equity Computation - Show your work 477 478 Pablo Pecard has been in his home for 13 years. As such, he has paid off a significant amount of his loan amount. Moreover, he has also enjoyed a nice appreciation in the value of his home. Indeed, life is good. :) Pablo has now decided to take out a second mortgage in the amount of $65,000. An appraisal was required for the loan application. It is provided below. The interest rate is 6.75%. He chose to amortize it over 15 years. Purchase Contract: 312 Prescott Street..... $165,000 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 Existing Mortgage: Loan: $125,000 @7.0% for 30 years Monthly payment: $831.63 Current Balance: $99,000 Current Appraisal Estimate of fair market value for the property located at 312 Prescott Street.....$285,000 8a. What was Plablo's equity in his house on the date of purchase? Sheet1 Page 12 of 13 o e N O Type here to search . Clipboard Font Formatting Table Styles Alignment Number Styles K491 X fi A BC D E F G 490 491 8a. What was Plablo's equity in his house on the date of purchase? 492 493 494 Show work here: 498 8b. What is his current equity position (before taking the second mortgage)? Show work here: 503 504 505 506 507 508 509 Sheet1 ge: 12 of 13 1 Type here to search o e O LA B C D E FT Show work here: 8c. How much equity will he heave in the house after taking out the second mortgage? Show work here: Page 12 heet1 pe here to search o e O