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Robin bought her home 5 years ago for $190,000. She sold it for $199,000. How much did the house appreciate?

Correct Answer

A) $9,000.00

Appreciation = Selling Price - Purchase Price = $199,000 - $190,000 = $9,000

Answer Options
A
$9,000.00
B
$199,000.00
C
$299,000.00
D
$389,000.00
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