Brittany bought a house five years ago for $100,000 and obtained an 80% loan. Now the home is worth $125,000, and her loan balance has gone down $5,000. What is brittany's current equity?

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Brittany bought a house five years ago for $100,000 and obtained an 80% loan. Now the home is worth $125,000, and her loan balance has gone down by $5,000.  $50,000 is Brittany's current equity.

In finance, equity is the ownership of assets that may be associated with liabilities or other liabilities. Equity is determined for accounting purposes by subtracting liabilities from the value of assets.

equity ensures that everyone has access to equal treatment, opportunities, and advancement. Equity aims to identify and remove barriers that prevent some groups from participating fully.

equity is defined as , war ``the state, quality, or ideal of being fair, equitable, or fair''. The concept of justice is synonymous with fairness and justice. It is helpful not to think of justice simply as a desirable state or a high value.

Learn more about equity here: https://brainly.com/question/25847981

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