Marcia bought a home. She paid $475,000. Her loan amount was $380,000. Calculate her LTV ratio. 85% 92% 77% 80% h
Marcia bought a home. She paid $475,000. Her loan amount was $380,000. Calculate her LTV ratio. 85% 92% 77% 80% h
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Transcribed Image Text:Marcia bought a home. She paid $475,000. Her loan amount
was $380,000. Calculate her LTV ratio.
85%
92%
77%
80%
h
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