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Fred and Wilma purchase a new home for $180,000. The value of the home increases by 4% every 2 years. Determine the value of

Fred and Wilma purchase a new home for $180,000. The value of the home increases by 4% every 2 years. Determine the value of the home after 23 years. After 23 years, the home is worth $ Round your answer to the nearest cent.

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