Business, 15.04.2020 21:38 nourmaali

A few years ago, Simon Powell purchased a home for $155,000. Today, the home is worth $260,000. His remaining mortgage balance is $105,000. 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 $155,000. Today, the home is worth $260,000. His...

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