Business, 08.04.2020 15:57 dyalisa15

John’s home is up for sale. He originally bought it five years ago for $300,000. Its current value is $350,000. His real estate agent notified him that a buyer just made an offer on his home for $365,000, which is the price other similar homes in the neighborhood are selling for and John accepts. What does the price of $365,000 represent?

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John’s home is up for sale. He originally bought it five years ago for $300,000. Its current value i...

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