When Deborah purchased her home for 310,000 she put down a deposit of 8% besides her original purchase she paid $24,800 in principal. Her house is currently worth 326,500 how much equity does Mabel have in her house today?

When Deborah purchased her home for 310,000 she put down a deposit of 8% besides her original purchase she paid $24,800 in principal. Her house is currently worth 326,500 how much equity does Mabel have in her house today?

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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