Suzy bought her first home for $20,000. Years later, she was able to sell it for $80,000. What is this an exam

Question

Suzy bought her first home for $20,000. Years later, she was able to sell it for $80,000. What is this an example of?
Group of answer choices

Appreciation

Depreciaiton

Simple Interest

Compound Interest

GPT-5 mini · Answer

Appreciation.

The home's value increased from $20,000 to $80,000, which is an example of appreciation (an increase in the value of an asset).

Suzy bought her first home for $20,000. Years later, she was able to sell it for $80,000. What is this an example of?
Group of answer choices

Appreciation

Depreciaiton

Simple Interest

Compound Interest

All Answers 1

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Suzy bought her first home for $20,000. Years later, she was able to sell it for $80,000. What is this an example of? Group of answer choices Appreciation Depreciaiton Simple Interest Compound Interest

All Answers 1

Submit Your Answer

Suzy bought her first home for $20,000. Years later, she was able to sell it for $80,000. What is this an example of?
Group of answer choices

Appreciation

Depreciaiton

Simple Interest

Compound Interest