Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. someone purchased for $170,000. he added an additi

Someone purchased for $170,000. He added an addition costing $40,000. The current market value is...

70.2K

Verified Solution

Question

Finance

Someone purchased for $170,000. He added an addition costing $40,000. The current market value is 162666. The remaining mortgage balance is 77627. What is the equity of his home?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

(A.) A \"healthy\" systolic (during heart contraction, the high number in 120/80) blood pressure is typically 120...

Physics
Q

All India Major Test Series Phase I II Major Test 28 22 03 06 2020...

Physics
Q

parent 6 f x 0 9 3 7 f x 5 5 1 45 Directions...

Basic Math
Q

10 Find the area enclosed by these two curves y x 2 y x

Calculus
Q

Consider the following relation Enable Zoom Pan To X

Calculus
Q

Annie is self-employed and has $47,600 in income from her business. She also has investments...

Accounting
Q

Use the following to answer questions 47 (Round answers to the...

Accounting
Q

The following figures are available from Company ABCs Income Statement and Balance Sheet at the...

Accounting
Q

describe how any financial decision that you take can influence the accounting equation and thus...

Accounting
Q

Parrish Sales withholds $720 from Art Parrish's paycheck for federal income tax. This amount is...

Accounting
Q

que quiere decir que el efectivo y equivalentes sea igual en el estado de flujos...

Accounting
Q

The Manana Corporation had sales of $88.4 million this year. Its accounts receivable balance averaged...

Finance