Real Estate Math
A Nebraska investor paid $180,000 for a rental property and sells it 5 years later for $225,000. The appreciation rate over the 5 years as a percentage of original cost is:
A20%
B22.2%
C25%✓ Correct
D27.5%
Explanation
Appreciation = ($225,000 − $180,000) ÷ $180,000 = $45,000 ÷ $180,000 = 0.25 = 25% total over 5 years.
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