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A Comparable Property Sold 4 Months Ago for $287,000

Question 32

Multiple Choice

A comparable property sold 4 months ago for $287,000. If the appropriate adjustment for market conditions is -0.50% per month (without compounding) , what would be the adjusted price of the comparable property assuming all else is the same between the two properties?


A) $269,780.00
B) $281,260.00
C) $285,565.00
D) $292,740.00

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