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Suppose You Made a 5% Down Payment on a House

Question 44

Multiple Choice

Suppose you made a 5% 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 decreased by 10%,the return on your investment in the house would be


A) -5%.
B) -10%.
C) -50%.
D) -200%.

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