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Ben Collins plans to buy a house for $168,000. If the real estate in his area is expected to increase in value 1 percent each

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Ben Collins plans to buy a house for $168,000. If the real estate in his area is expected to increase in value 1 percent each year, what will its approximate value be six years from now? Use Exhibit1.A. (Round your FV factor to 3 decimal places and final answer to the nearest whole dollar.)

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