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Business, 16.03.2020 23:26 kieranoid2017

Sven purchases a house valued at $80,000 and has a mortgage of $65,000. Several years later he decides to sell the house. The market value of the house has increased to $110,000 and his loan debt is down to $50,000. What is Sven’s equity in the house?

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Sven purchases a house valued at $80,000 and has a mortgage of $65,000. Several years later he decid...
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