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In five years you will need to make a down payment on a house that costs $200,000 today. The house price is expected to increase
In five years you will need to make a down payment on a house that costs $200,000 today. The house price is expected to increase by 4% each year in the next five years. If the down payment is 20 percent of the total house price in five years, then the down payment will be Select one: . $164,385.42 O b. $48,666.12 None of THESE O d. $41,600
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