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If you purchase a parcel of land today for $ 2 5 , 0 0 0 and you expect it to appreciate 1 0 percent

If you purchase a parcel of land today for $25,000 and you expect it
to appreciate 10 percent per year in value, how much will your land be
worth 10 years from now assuming annual compounding?
A. $64,843.56
B. $60,843.56
C. $24,843.56
D. $14,843.56
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