2. You purchased a house for $100,000 cash and you sold it in one year for $125,000....
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2. You purchased a house for $100,000 cash and you sold it in one year for $125,000. You had to pay $5,000 in taxes and repairs before you sold it. What is your ROI? If you financed $80,000 with a bank, used only
$20,000 for a down payment, and paid $4,000 for taxes, repairs, and interest expense, what would be your ROI? (LO 15-1)
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Related Book For 
Personal Finance Building Your Future
ISBN: 9780077861728
2nd Edition
Authors: Robert Walker, Kristy Walker
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