You purchased a home three years ago for $150,000. Today it has a market value of $175,000 and you have an outstanding balance on your mortgage of $60,000. What is the amount of your home equity? O $115,000 $90,000 $150,000 $25,000 $175,000 Max needs to buy a car and plans to borrow $10,000 to help cover the cost. He has been offered a rate of 6% and is trying to decide between a 48-month and a 60 month payment plan. What is the difference in the monthly payments? Please enter the answer below to two decimal places. Do not include the dollar sign in your