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Mary Anne Is Considering Buying a Home

Question 64

Multiple Choice

Mary Anne is considering buying a home. She is currently renting and does not have to pay for some utilities, landscaping, taxes, repairs, or maintenance. While she is excited about living in her own home, she is worried about being responsible for many more aspects of ownership. In order to determine the true cost of ownership of a home, Mary Anne should consider


A) the initial purchase price and future appreciation or depreciation.
B) the cost of financing.
C) repairs and maintenance costs.
D) all of these.

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