Ronald and Samantha Brady recently had their condominium in Port Isaac appraised for $322,600. The...
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Accounting
Ronald and Samantha Brady recently had their condominium in Port Isaac appraised for $322,600. The balance on their existing first mortgage is $164,720. If their bank is willing to loan up to 75% of the appraised value, what is the amount (in $) of credit available to the Bradys on a home equity line of credit?
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