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Orlov [11]
3 years ago
12

Julie bought a house for $315,000 and has a $285,000 mortgage. she claims she has $315,000 in equity. is she correct? if not, ho

w much home equity does she have? explain.
Computers and Technology
2 answers:
mr Goodwill [35]3 years ago
5 0
No she is not. Equity is equal to assets less liabilities. Her asset is the house market value and her liability is the payable mortgage amount of the house.
where
 asset = $315000
 liability = $285000

Julie's Home equity =  asset - liability
                                = $315000- $285000
                                = $ 30000


scoundrel [369]3 years ago
5 0

Answer:

No, she is not correct. She has only $30,000 in home equity. Equity is the value of ownership in an asset minus any debts owed on it. $315,000 minus $285,000 is $30,000.

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MinMax is a function that takes five arguments and returns no value. The first three arguments are of type int. The last two arg
Luba_88 [7]

Answer:

#include <iostream>

using namespace std;

void MinMax(int x,int y,int z,int *max,int *min)

{

   int big,small;

   if((x>y)&&(x>z))    //to check for maximum value

       big=x;

   else if((y>x)&&(y>z))

       big=y;

   else

       big=z;

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       small=y;

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}

int main()

{

   int big,small;

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}

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