Real Estate Math
Real Estate Math Practice Question
Robin bought her home 5 years ago for $190,000. She sold it for $199,000. How much did the house appreciate?
A
$9,000.00B
$199,000.00C
$299,000.00D
$389,000.00Explanation
Appreciation = Selling Price - Purchase Price = $199,000 - $190,000 = $9,000
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