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What is the roi - write as a percentage

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Reference no: EM132938234

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%

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

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

Reference no: EM132938234

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