ashleygonzalez8152 ashleygonzalez8152
  • 19-02-2024
  • Business
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Mr. Jones purchased a home for $72,000 with a $20,000 cash down payment and a $52,000 loan. This loan was interest free and required no payments of principal for five years. One year later, he sold the home for double its purchase price. Each dollar of his original cash investment now equals:

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