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Business, 29.07.2019 05:30 feliciagraham14

Sheldon has a home valued at $108,000 with an outstanding mortgage of $70,000. if his lender is willing to provide a home equity loan of up to 80% of the market value of his home, how much can sheldon borrow using a home equity loan? a. $86,400 b. $16,400 c. $38,000 d. $30,400 e. $80,000

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Sheldon has a home valued at $108,000 with an outstanding mortgage of $70,000. if his lender is will...
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