In a suburb, housing costs have been increasing at 5.2% per year compounded annually for the past

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In a suburb, housing costs have been increasing at 5.2% per year compounded annually for the past 8 years. A house worth $260,000 now would have had what value 8 years ago?
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College Mathematics for Business Economics Life Sciences and Social Sciences

ISBN: 978-0321614001

12th edition

Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen

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