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Property Values in the Suburbs Have Been Appreciating About 13

Question 230

Multiple Choice

Property values in the suburbs have been appreciating about 13% annually.If this trend continues, what will a $129,000 home be worth in four years? Give the result to the nearest dollar.


A) $211,565
B) $213,752
C) $210,331
D) $211,331
E) $424,083

Correct Answer:

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