An appraiser is adjusting the price of comparables to use them in his report. Comparable A is a three-bedroom house with an in-ground swimming pool; it is valued at $275,000. Comparable B is a four-bedroom house with no pool; it is valued at $280,000. If the value of an additional bedroom is $20,000, what is the value added by a pool

$15,000

Explanation:

Comparable B is a 4 bedroom house with no swimming pool right.

Okay.

And we also know that a room adds $20,000 to the value of a house as well.

So if Comparable B was a 3 bedroom house instead of a 4 then what would it be?

= $280,000 - $20,000

= $260,000

The means that a house with no swimming pool such as Comparable B but with 3 bedrooms will be valued at $260,000.

But instead Comparable A has a 3 bedrooms yet is valued at $275,000 with the only apparent difference being a swimming pool. The pool therefore accounts for the difference which is,

= 275,000 - 260,000

= $15,000

This means that $15,000 is the value of the pool.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

answer; balance sheets;