Multiple Choice
Brett bought a house five years ago for $150,000. At that time he borrowed $140,000 from his bank. The house is now worth $162,000. The current value of his mortgage must be no higher than --- for him to request termination of his PMI policy.
A) $122,000.
B) $126,360.
C) $140,000.
D) $150,000.
E) $162,000.
Correct Answer:
Verified
Correct Answer:
Verified
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