Preliminaries
One option is to buy a house as an investment. The house he is considering would cost $250 000, with a 10% down payment. He could get a 30 year mortgage at 3.5% compounded monthly. He is counting on an annual appreciation of 3.1%. He would live in the house for 5 years and then sell it. How much could he make on the house as an investment? Kyle is also thinking about investing the $25000 in a ... ................
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