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House price grows at an annual rate of 5% every year. John bought a house for $200k 20 years ago, what is the approximate
House price grows at an annual rate of 5% every year. John bought a house for $200k 20 years ago, what is the approximate value of the house now?
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Get StartedRecommended Textbook for
Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur J. Keown, John H. Martin
13th edition
134417216, 978-0134417509, 013441750X, 978-0134417219
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