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b nombe when you fetire? a. It the house yeu are looking at currently costs $150.000 and o expecsed to increase is vabue each year
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nombe when you fetire? a. It the house yeu are looking at currently costs $150.000 and o expecsed to increase is vabue each year at a tate of 4 percent, what wit the value of the hode be when you ivtrt in 7 pan? (Fiound to the noacest ceek)) (Round to the nearest oent) (Fiture value of an annuly) in 7 years, you are planning on retiring and buging a house in Oviedo, Florida. The house you are looking at currenty cosss 3160, coc and is expecled io incease in val. each year at a fabe of 4 percent. Assuming you can earn 12 percont annually on your investments, how much must you invest at the end of esch of the need 7 years fo be able to bory your dream home when you ceste? a. It the house you are looking at currently costs $150,000 and is expected to increase in value each year at a rate of 4 percent, what wit the valus of ehe house be when yeu metie in 7 years? (Round to the nearest cent.) b. Assuming you can earn 12 percent annualy on your investments, how much must you invest at the end of each of the neut 7 yearn to be able to buy your dream home when you netir? (Round to the nearest cent.) Step by Step Solution
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