Mr. and Mrs. Dunn have just purchased a $150000 house and made a down payment of $19000. They can amortize the balance at 5% over 30 years.   1. What is their equity after 5 years? Â 2. What is their equity after 25 years?   (Hand written please )

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Mr. and Mrs. Dunn have just purchased a $150000 house and made a down payment of $19000. They can amortize the balance at 5% over 30 years.

 

1. What is their equity after 5 years?

Â

2. What is their equity after 25 years?

 

(Hand written please )

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