An investor purchased a small property with an equity investment of $100,000 and an $800,000...
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Accounting
An investor purchased a small property with an equity investment of $100,000 and an $800,000 mortgage. The investor has held the property for five years, and the mortgage now has a balance of $750,000. The market value of the property is estimated to be $950,000.
Required:
What is the current equity investment in the property?
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