Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Management
New Topic  
shepherd shepherd
wrote...
Go to Answer
Posts: 2986
Rep: 18 1
8 years ago
A few years ago Mary purchased a home for $100,000. Today the home is worth $150,000. The remaining balance on the mortgage is $50,000. If Mary can borrow up to 80% of the market value of the equity, the maximum amount she can borrow is
A) $70,000.      B) $50,000.      C) $80,000.      D) $100,000.
Textbook 
Personal Finance

Personal Finance


Edition: 5th
Author:
Read 235 times
3 Replies
Replies
Answer verified by a subject expert
tityltityl
wrote...
#1
Top Poster
Posts: 2938
Rep: 82 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

shepherd Author
wrote...
#2
8 years ago
BRILLIANT!
wrote...
#3
8 years ago
Let me know if you need anymore help
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1265 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 632
  
 645
  
 618