Question
A comparable single family home sold nine months ago for $775,000. In that neighbourhood, the average sale price for single family homes increased by 2.75
A comparable single family home sold nine months ago for $775,000. In that neighbourhood, the average sale price for single family homes increased by 2.75 percent in the past nine months. What is the time adjusted price (rounded to the nearest $500) for the comparable single family home?
$753,688
$796,000
$898,500
$988,000
None of the above
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Money Talks Explaining How Money Really Works
Authors: Nina Bandelj ,Frederick F. Wherry ,Viviana A. Zelizer
1st Edition
0691202893, 978-0691202891
