Boris Arshavin Invested $1 Million in Buying a House in 2002

question 4

Short Answer

Boris Arshavin invested $1 million in buying a house in 2002, and sold it for $2.5 million in 2005. The consumer price index for 2002 and 2005 were 180 and 210, respectively. Compute the real return Boris earned from selling the house.

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Definitions:

Weight Loss

The process of losing body mass, generally by reducing fat, through diet, exercise, or a combination of both.

Blood Insulin

A hormone produced by the pancreas that regulates glucose levels in the blood.

Increase Appetite

A condition or response where there is a rise in the desire to eat or consume food, often triggered by physical, emotional, or environmental factors.

Glucose Stored

The accumulation of glucose in the body, primarily in the liver and muscles, in the form of glycogen for energy storage.