Nebo Bought a House in 1999 for $67,000 and Sold

question 4

Short Answer

Nebo bought a house in 1999 for $67,000 and sold it in 2014. If the 1999 CPI is 166.6 and the 2014 CPI is 236.7, how much would the house be worth in 2014 dollars?

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Definitions:

Whites

A racial classification and sociopolitical construct referring to people with origins in any of the original peoples of Europe, the Middle East, or North Africa.

Blacks

Refers to people of African descent or individuals with dark skin color, often used in sociocultural and demographic contexts.

Virginity Pledges

Commitments made by individuals, often teenagers, to abstain from sexual intercourse until marriage, typically influenced by religious or moral beliefs.

Teen Pregnancy

involves females under the age of 20 becoming pregnant, which can present social, economic, and health challenges.