original housing price = $100,000, downpayment =$20,000, mortgage = 80,000 9 ~% v+ P6 e) T' [) A) {+ V! Y% Uone year later, the housing is only worth $60,000, tell you $1.00 but must with the mortgage. Do you want it? o! J9 m0 l; @7 T* i
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No way !!!