Solve
-Suppose That You Own a Home Which Is Valued $\$ 153,000$

Multiple Choice

Solve.
-Suppose that you own a home which is valued at $\$ 153,000$ . You must move to a different city. Use the formula below to find out how much it would cost to buy a similar (replacement) home in the city that you will move to. Assume that the index of your city is 207 and that the index of the new city is 137. Round your answer to the nearest dollar.
Cost of Your Home in New City $=$ (Value of Your Home $) \div$ (Index of Your City) $\times$ (Index of New City)

A) $\$ 101,261$
B) $\$ 231,175$
C) $\$ 106,761$
D) $\$ 223,575$