Answers Financial Literacy WMHS - Semester 1 SpendingQuestion 7

7

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Spending

Question 7 • Financial Literacy (WMHS) - Semester 1

Building equity in a home is a good thing because

Answer

A

mortgage payments decrease as equity increases.

B

credit scores increase as equity increases.

C

equity in a home increases the homeowner’s net worth.

D

property taxes decrease as equity increases.

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Building equity in a home is a good thing because