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Adrienne Bought a Condominium in 2005 for $120,000

Question 79

Multiple Choice

Adrienne bought a condominium in 2005 for $120,000. She expects it to appreciate 2% per year. Calculate the expected value of the condominium after 7 years.


A) $135,139.49
B) $137,842.28
C) $16,800.00
D) $14,400.00

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