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Monthly market conditions adjustment

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A monthly market conditions adjustment of 1 percent(simple interest) is indicated by which of the following ?

1) May 1, 20X8 sale at $200,000 and resale of same property June 1, 20X8 for $204,000

2) May 1, 20X6 sale at $200,000 and resale of similar property June 1, 20X7 for $252,000

3) May 1, 20X6 sale at $200,000 and resale of same property May 1, 20X7 for $248,000

4) May 1, 20X6 sale at $200,000 and resale of similar property June 1, 20X8 for $250,000

Reference no: EM132949546

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