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:

Internal Variable

Factors within an organization or system that can affect its performance and outcomes, often controllable by the organization.

Visibility of Symptoms

The extent to which the signs of a disease or condition can be observed or are noticeable to others.

Cognitive Activity

Cognitive functions that enable the acquisition of understanding and awareness, encompassing activities such as reasoning, recognizing, recollecting, evaluating, and solving issues.

Primacy Of Thinking

The principle that suggests thinking processes are the primary influence on emotions, behaviors, and attitudes.