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(Future value of an annuly) In 12 years, you are planing on retring and buyhg a house in Oviedo, Florida. The house you are iocking

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(Future value of an annuly) In 12 years, you are planing on retring and buyhg a house in Oviedo, Florida. The house you are iocking at ourently oosts 5150 , oco and is expected ts increase in value each year at a rate of 3 percent. Assuming you car eam 14 percent annualy on your investments. how much must you invest at the end of each of eve neat 12 years 5 be able to bey your dream home when you retire? a. If the house you are looking at currenty costs 5150.000 and is eupected ts increase in valse each year at a rate of 3 percent, ahat will the value of the house be whith yeu retie in 12 . Hirs? (Reund to the nearest cent) (Round is the nearest cert.)

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