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There Are About 75 Million Owner-Occupied Homes in the United

Question 42

Multiple Choice

There are about 75 million owner-occupied homes in the United States,and about 50 million of those have a mortgage.If the foreclosure rate is 2 percent per year,how many home foreclosures take place each year?


A) 1 million
B) 1.5 million
C) 2 million
D) 2.5 million

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