Acme home lending offers home equity loans up to 75 of the


Acme Home Lending offers home equity loans up to 75% of the home value for its customers. If Sally Johnson has a home valued at $270,000 and a current mortgage of $81,000, how much can she borrow in a home equity loan from Acme?

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Financial Management: Acme home lending offers home equity loans up to 75 of the
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