Question: ***************************************** Answer the following question: ***************************************** ****Only answer this question if you are sure about the correct answer**** ***Return on investment Question*** 27. If you

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Answer the following question:

***************************************** ***************************************** Answer the following question: ***************************************** ****Only answer this question if

****Only answer this question if you are sure about the correct answer**** ***Return on investment Question*** 27. If you want to remodel your house: a. The house was bought with a cost of $175,000. b. The house remodel will cost $38,000. c. After the remodel, the expected house value could increase by 4% 1. What is the ROI % (..............) 2. Yes or no, based on ROI is this a good investment (..............)

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