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What is the roi

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Reference no: EM133033760

Question - Your spouse would like to add an addition to the home.

The home was originally purchased for $175,000.

The addition would cost $38,000.

You expect the addition can improve its value by 4%.

Required -

1. What is the ROI (write as a percentage)?

2. Is it a good idea (Yes or No, based on ROI)?

Reference no: EM133033760

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