Multiple Choice
Nancy buys a $150,000 home using $30,000 of her own money and gets a mortgage for the remaining $120,000.If the price of the house increases 5%,what will Nancy's capital gain be?
A) $30,000
B) $31,500
C) $35,000
D) $37,500
E) $45,550
Correct Answer:
Verified
Correct Answer:
Verified
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