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Last year your house was valued at $250,000. You plan to sell this house when it doubles in value. In general, you expect the price
Last year your house was valued at $250,000. You plan to sell this house when it doubles in value. In general, you expect the price to go up by 5 percent per year. How many years do you need to wait before you sell your house? A. 16.21 years B. 15.21 years C. 14.21 years D. 13.21 years E. 12.21 years
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