Afew years ago, simon powell purchased a home for $225,000. today, the home is worth $400,000. his remaining mortgage balance is $175,000. assuming that simon can borrow up to 75 percent of the market value, what is the maximum amount he can currently borrow against his home?
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Afew years ago, simon powell purchased a home for $225,000. today, the home is worth $400,000. his r...
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