What would be the time adjustment in sale comparison grid

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Real Estate

A comparable property sold 18 months ago for $250,000. If the appropriate adjustment for market conditions is 2.4% per year (without compounding), what would be the time adjustment in the sale comparison grid? Hint: the question asks you for the adjustment amount, NOT the adjusted sale price.

(Input your answer rounded to the nearest whole dollar and without the $ sign, e.g., 1000)

Reference no: EM131991198

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