Social Studies, 08.04.2020 18:55 iris7324

Trevor and Lynda bought a home in 20013 for $185,000 with a 20% down payment. Their mortgage payments were only applied to interest on the mortgage balance. If they have to sell their home in 2016 for $148,000, what would be the value of their equity?

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Trevor and Lynda bought a home in 20013 for $185,000 with a 20% down payment. Their mortgage payment...