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Your spouse would like to add an addition to the home. The home was originally purchased for $175,000. The addition would cost $38,000. You expect
- Your spouse would like to add an addition to the home.
- The home was originally purchased for $175,000.
- The addition would cost $38,000.
- You expect the addition can improve its value by 4%
- What is the ROI (write as a percentage)? ________________
- Is it a good idea (Yes or No, based on ROI)? ______________
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Financial Management Theory And Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
3rd Canadian Edition
017658305X, 978-0176583057
