AnswersOK-Personal Financial Literacy S1 – EDGNTY-83861 26-27Mortgages and Home OwnershipQuestion 1
1
AssignmentMultiple Choice

Mortgages and Home Ownership

Question 1 • OK-Personal Financial Literacy S1 – EDGNTY-83861 26-27

Which conclusion is best supported by this graph?

Answer
A
Most people paid about $300 for a new home in 2013.
B
Most people can never afford to buy a home.
C
Most people need to take out a mortgage to purchase a home.
D
Most people pay back a loan for a home in a short period of time.
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