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(Solved): Alysa and Todd purchased a home in 1999 for $80,000 with no down payment. In 2004, they were able to ...



Alysa and Todd purchased a home in 1999 for $80,000 with no down payment. In 2004, they were able to refinance their mortgage on the home for $140,000. They reinvested $75,000 into the home, adding a new addition and making upgrades. In 2006, the couple sold the home for $320,000. What was the value of Alysa and Todd's equity in 2006? $250,000 $180,000 $240,000 $60,000 $1,019 $1,124 $1,050 $952



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