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Suppose You Made a 20% Down Payment on a House

Question 33

Multiple Choice

Suppose you made a 20% down payment on a house on January 1,2013,and on January 1,2014 you decided to sell the house.If the price of your house increased by 10%,the return on your investment in the house would be


A) 10%.
B) 20%.
C) 50%.
D) 200%.

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