Multiple Choice
Carrie bought a house five years ago for $150,000. At that time she borrowed $140,000 from her bank. The house is now worth $162,000. Her PMI will automatically be dropped when her mortgage balance drops to
A) $117,000.
B) $122,000.
C) $140,000.
D) $150,000.
E) $162,000.
Correct Answer:
Verified
Correct Answer:
Verified
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