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Bill Coffey plans to buy a condo for $315,000. If the value of condos are expected to increase in value by 5 percent each year,

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Bill Coffey plans to buy a condo for $315,000. If the value of condos are expected to increase in value by 5 percent each year, what will its approximate value be ten years from now? Use Exhibit 1.A. (Round your FV factor to 3 decimal places and final answer to the nearest whole dollar) Future value of the house

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