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Property Values in the Suburbs Have Been Appreciating About 11

Question 288

Multiple Choice

Property values in the suburbs have been appreciating about 11% annually.If this trend continues, what will a $180,000 home be worth in four years? Give the result to the nearest dollar.


A) $549,927
B) $273,253
C) $276,674
D) $274,487
E) $274,253

Correct Answer:

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