The Simpsons purchased their home five years ago for $500000 with 20 percent down and financed the

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The Simpsons purchased their home five years ago for $500000 with 20 percent down and financed the rest. The home has appreciated to $600000, and they currently owe $388000 on the mortgage.

What is the current equity in the home?

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Oct 17, 2023 11:58 PM

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The Simpsons purchased their home five years ago for $500000 with 20 percent down and financed the

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