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EX 5 - 2 ( 1 ) an ) The Munsters have been saving... Assessment Tool iFrame The Munsters have been saving money in order
EXan The Munsters have been saving...
Assessment Tool iFrame
The Munsters have been saving money in order to buy a house. They figure that, given current interest rates, they could afford a
$ home. Before looking at houses on the market they decide to explore the possibility of building a new home. The Munsters
figure they could buy a suitable lot for $$$ At a minimum they want to build a squarefoot house. The cost for a
house of the quality they desire is $ per square foot. Given this information, should the Munsters pursue the option of building a
new house?
Estimated lowest total cost of building
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