I need to know how much equity I currently have in this truck at this time. The truck was purchased in November 2010. My current truck payment is $412.68 for 60 months. "I bought a truck for $27,099.00, putting $13,555.00 down. The annual percentage rate on this loan is 17.99 %. How much equity do I have in the truck?"

Equity is calculated by subtracting the amount owed from the market value.

Thank you very much :)