Evelynn has a home that was recently appraised for $128,000,

Last updated: 7/15/2022

Evelynn has a home that was recently appraised for $128,000, and the balance on the existing mortgage is $80,128. If a bank is willing to loan up to 67% of the appraised value, calculate the potential amount of credit available on a home equity loan. O $5,632 O $47,872 O $53,686 O $85,760