Devon Has Owned a Home for Eight Years

question 21

Multiple Choice

Devon has owned a home for eight years.It was purchased for $289000 .She has a first mortgage of $156 500,a car lease with a buyout amount of $12 000,and credit card debt of $1989.How much of a home equity loan can be applied for if the house was recently appraised at $331000 ?

• A)$96 300.
• B)$108 300.
• C)$139 600.
• D)$74 700.

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Definitions:

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Humanistic Approach

A psychological perspective emphasizing personal growth, self-awareness, and the inherent potential for self-fulfillment.

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A psychological perspective that emphasizes the systematic study of the psychological forces that underlie human behavior, feelings, and emotions and how they might relate to early experience.