document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1189734>Question 1189734</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A couple wishes to borrow money using the equity in their home for collateral. A loan company will loan them up to​ 70% of their equity. They purchased their home  11 years ago for ​$79609. The home was financed by paying 20​% down and signing a ​-year mortgage at ​9.3% on the unpaid balance. Equal monthly payments were made to amortize the loan over the 30​-year period. The net market value of the house is now​ $100,000. After making their 132 ​payment, they applied to the loan company for the maximum loan. How much​ (to the nearest​ dollar) will they​ receive?\r<BR>\n" );
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document.write( "Amount of loan:$\r<BR>\n" );
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document.write( "I am really struggling to understand this problem. I appreciate all your help! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #821170 by </B><A HREF=/tutors/aboutme.mpl?userid=ikleyn><B>ikleyn(52787)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ikleyn><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=ikleyn><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=821170\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .\r<BR>\n" );
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document.write( "At this forum, &nbsp;we do teach &nbsp;Math.\r<BR>\n" );
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document.write( "At this forum, &nbsp;we do not teach &nbsp;Finance and do not consult in &nbsp;Finance.\r<BR>\n" );
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document.write( "Have a nice day / nigh / morning / afternoon / tea time / evening &nbsp;(&nbsp;!&nbsp;)\r<BR>\n" );
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