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0:25
YouTube
Illustrated Finance & Economics
Equity Explained Simply: Financial Education for Beginners
Equity explained in simple terms. (Investing & Financial Education for Beginners) Transcript: Equity What does it mean? Imagine you've got a mortgage of $400,000 and you've paid half it off you've got $200,000 left to pay making your equity 50% what about if the value of the house goes up by $100,000? you'd still owe the $200,000 but you now ...
2.8K views
Dec 21, 2023
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