15+ pages julio has a house worth 220 000 5mb. Julio is correct because the 45000 equity in the house is the real asset. Julio has a house worth 220000. Julio is correct because the 45000 equity in the house is the real asset. Read also answers and learn more manual guide in julio has a house worth 220 000 Julio says that in this situation his asset equity is really only 45000.
Julio is correct because the 45000 equity in the house is the real asset. Julio says that in this situation his asset is really only 45000.

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Julio is not correct because the house cannot be worth more than the mortgage.

Julio is correct because he can pay 45000 and have no more liabilities. He has a 175000 mortgage. Julio says that in this situation his asset is really only 45000. He has a 175000 mortgage. Julio is correct because he can pay 45000 and have no more liabilities. Julio says that in this situation his asset is really only 45000.

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Julio has a house worth 220000. Julio is not correct because the same item cannot represent both an asset and a liability. Julio says that in this situation his asset is really only 45000.
Here is all you have to to know about julio has a house worth 220 000 Which statement explains whether Julio is correct. He has a 175000 mortgage. Julio is correct because the 45000 equity in the house is the real asset. Julio says that in this situation his asset is really only 45000.
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