Which of the following statements regarding equity is TRUE?

	a.	The amount of equity an investor has in a property may change over time if the property value and loan balance changes
	b.	The amount of equity an investor has in a property depends on the value of the equity the investor has in his or her other investments
	c.	The outstanding balance on loan on the property does not affect the amount of equity an investor has in the property
	d.	All of the above