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You purchase a house for $800,000 and sell it in the future for $1,000,000. In scenario 1 - you have equity of $400,000 and a
- You purchase a house for $800,000 and sell it in the future for $1,000,000.
- In scenario 1 - you have equity of $400,000 and a $400,000 mortgage.
- In scenario 2 you have equity of $200,000 and a $600,000 mortgage. What is the return on your investment in each scenario?
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To calculate the return on investment ROI in each sc...
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