If You Own a Home with a Market Value of $175,000

question 70

Multiple Choice

If you own a home with a market value of $175,000 and you have an outstanding balance on your mortgage of $60,000,your home equity is

• A)$57,500.
• B)$97,750.
• C)$115,000.
• D)$235,000.

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Definitions:

Mainstream Press

Media outlets, including newspapers, magazines, and broadcasters, that have a wide audience and are considered to represent conventional or prevailing viewpoints.

Key Assumptions

Fundamental beliefs or statements that are accepted as true without proof, serving as the basis for further argument or investigation.

Types of Social Movements

Categories defining the variety of collective actions aimed at achieving specific societal changes, based on their goals, tactics, and organizational structures.

Social Change

The transformation over time of cultural norms, societal structures, and patterns of behavior within a community or society.