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Posted: **Thu May 12, 2022 11:00 am**

: 16 A Couple Has Been Making Regular Monthly Payments Of 966 21 For 10 Years On A 25 Year Amortized Loan At 3 899 Inte 1 (10.28 KiB) Viewed 21 times

16. A couple has been making regular monthly payments of $966.21 for 10 years on a 25-year amortized loan at 3.899% interest compounded monthly. How much equity does the couple have in the house assuming the purchase price of the house was $200,000?