Home Price Offer. Denise and Kenny are ready to make an offor on a(n) 1,400 -square-foot home that is priced at$140,300. They investigate other homes on lots of similar size and find the following information: -A(n)1,867-square-foot home sold for$174,596- A(n) 1,167-square-foot home sold for$110,681. - A(n) AS6-square-foot home sold for \$82,101 What otfor should they make on the home? The offer they should make on the home is$(Round to the noarest dollar)
Home Price Offer. Denise and Kenny are ready to make an offor on a(n) 1,400 -square-foot home that is priced at$140,300. They investigate other homes on lots of similar size and find the following information: -A(n)1,867-square-foot home sold for$174,596- A(n) 1,167-square-foot home sold for$110,681. - A(n) AS6-square-foot home sold for \$82,101 What otfor should they make on the home? The offer they should make on the home is$(Round to the noarest dollar)
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
Home Price Offer. Denise and Kenny are ready to make an offor on a(n) 1,400 -square-foot home that is priced at$140,300. They investigate other homes on lots of similar size and find the following information: -A(n)1,867-square-foot home sold for$174,596- A(n) 1,167-square-foot home sold for$110,681. - A(n) AS6-square-foot home sold for \$82,101 What otfor should they make on the home? The offer they should make on the home is$(Round to the noarest dollar)
Transcribed Image Text:Home Price Offer. Denise and Kenny are ready to make an offer on a(n) 1,400-square-foot home that is priced at $140,300. They investigate other homes on lots of similar size and find the
following information:
A(n) 1,867-square-foot home sold for $174,596.
A(n) 1,167-square-foot home sold for $110,681.
*A(n) 856-square-foot home sold for $82,101.
What offer should they make on the home?
The offer they should make on the home is $ (Round to the nearest dollar)
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