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How much can the kwans expect to pay for a house

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Reference no: EM131556138

Question: HOUSING APPRECIATION The Kwans are planning to buy a house 4 yr from now. Housing experts in their area have estimated that the cost of a home will increase at a rate of 5%/year during that period. If this economic prediction holds true, how much can the Kwans expect to pay for a house that currently costs $210,000?

Reference no: EM131556138

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