Multiple Choice
You hope to buy your dream house six years from now. Today your dream house costs $189,900. You expect housing prices to rise by an average of 4.5% per year over the next six years. How much will your dream house cost by the time you are ready to buy it?
A) $240,284.08
B) $246,019.67
C) $246,396.67
D) $246,831.94
E) $247,299.20
Correct Answer:
Verified
Correct Answer:
Verified
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