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Josh Collins plans to buy a house for $255,000. If that real estate is expected to increase in value by 5 percent each year, what

Josh Collins plans to buy a house for $255,000. If that real estate is expected to increase in value by 5 percent each year, what will its approximate value be six years from now? Use Exhibit 1-A. (Round time value factor to 3 decimal places and final answer to the nearest whole number.)

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