Multiple Choice
The Bingham family had a Loan to Value Ratio of 75%. If they had saved $95,000 as a down payment for a home, determine the value of the property, they were to purchase.
A) $280,000
B) $380,000
C) $480,000
D) $580,000
E) $680,000
Correct Answer:
Verified
Correct Answer:
Verified
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