The equity in your home is the difference between the loan balance and the purchase price.
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Q29: The balance sheet equation is assets plus
Q30: The income and expense statement is a
Q31: When the income and expense statement indicates
Q32: A cash deficit decreases net worth.
Q33: Total liquid assets is the numerator in
Q35: The level of the debt service ratio
Q36: If you use net salary as income
Q37: The savings ratio is useful in the
Q38: The savings ratio indicates the percentage of
Q39: Interest you earned on your savings account
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