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OpenStudy (anonymous):
Caden and Lydia currently owe $213,482 on their mortgage. If the value of their condominium is $305,600, how much equity do they have in the house? $46,059 $92,118 $106,741 $152,800
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OpenStudy (anonymous):
$92,118. Equity is assets minus liabilities so therefore 305,600-213482=$92118!
OpenStudy (anonymous):
thank you that's what i got too (=
OpenStudy (anonymous):
No problem!
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