th1234567
th1234567 th1234567
  • 24-12-2020
  • Business
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Which of these best describes equity?
a. The amount of interest you pay your lender on your mortgage loan.
b. The amount of money you need set aside for home repairs.
c. The difference between what you owe the lender for the mortgage loan, and what your home is worth.

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jesusm1
jesusm1 jesusm1
  • 24-12-2020

Answer:

Equity is the value/amount of shares you own. Which is (C).

Explanation:

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