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ou purchase a home for $285,000 that you expect to appreciate 6% in value on an annual basis. How much will the home be

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ou purchase a home for $285,000 that you expect to appreciate 6% in value on an annual basis. How much will the home be worth in ten years? ( Future Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Annuity of $1.) (Use appropriate factor from the PV tables. Round your final answer to nearest dollar amount.) Multiple Choice $159,144 $510,378 $2,097,628 $3756.528

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