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You own a home that was recently appraised for $170,000. The balance on your existingmortgageis $107,100. If your bank is willing toloanup to 60% of

You own a home that was recently appraised for $170,000. The balance on your existingmortgageis $107,100. If your bank is willing toloanup to 60% of the appraised value, what is the potential amount ofcredit availableon a home equity loan? $

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