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Read the paragraph and answer the question. Suppose you bought a house for $60,000 and five years later the house is appraised at a value of $75,000. This fact means that the value of the house has appreciated in the amount of $15,000 over that five year period. It also means that you could realize a profit if you sold the house. 1 Select the correct answer. What is the main idea of this paragraph? A. If you own a house which appreciates in value, you might make a profit when you sell it. B. Houses appreciate in value over a five-year period. C. It takes five years to make a $15,000 profit on a $60,000 house. D. The appraised value of a house is greater than the purchase price.

User Kalimag
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1 Answer

5 votes
D
The appraised value of the house is greater than the purchase price
User NightEye
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