Real Estate Math
A home sells for $415,000 and was purchased 5 years ago for $340,000. What is the percentage increase in value?
A18.1%
B22.1%✓ Correct
C25%
D17.9%
Explanation
Increase: $415,000 − $340,000 = $75,000. Percentage increase: $75,000 ÷ $340,000 = 0.
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