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Business, 31.07.2020 01:01 jak000067oyyfia

A few years ago, Simon Powell purchased a home for $210,000. Today, the home is worth $370,000. His remaining mortgage balance is $160,000. Assuming that Simon can borrow up to 70 percent of the market value, what is the maximum amount he can currently borrow against his home?

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A few years ago, Simon Powell purchased a home for $210,000. Today, the home is worth $370,000. His...
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