asked 34.7k views
5 votes
Harriet's car is valued at $26,000, and she owes $20,000 on it. What is her current equity?

asked
User Dan Liu
by
9.0k points

2 Answers

3 votes
$6000 is her her equity
answered
User Thom Lane
by
7.8k points
2 votes
$26000-$20000=$6000 in equity. ☺☺☺☺
answered
User Gus
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7.9k points