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What is the purpose of math equations, computer programs, and other calculations in the course of an appraisal?

A.) To narrow a range of possible numbers
B.) To provide the exact numbers in an appraisal
C.) To determine the appraised property's adjustments
D.) To determine the appraised property's final value

1 Answer

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Final answer:

Math equations, computer programs, and other calculations are used in the course of an appraisal to narrow a range of possible numbers and determine the appraised property's final value.

Step-by-step explanation:

In the course of an appraisal, math equations, computer programs, and other calculations are used to narrow a range of possible numbers and determine the appraised property's final value. These calculations are essential for analyzing and interpreting data to make informed decisions about the value of a property.

For example, when appraising a property, a real estate professional may use mathematical formulas and computer programs to calculate adjustments, such as the impact of a swimming pool or additional bedroom on the property's value. These calculations help determine the property's final appraised value, taking into account various factors and market conditions.

It's important to note that while these calculations provide valuable insights, they do not provide exact numbers in an appraisal, as appraisals involve subjective judgment and professional expertise.

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