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Real Estate Inflation During a 5-year period of constant inflation, the value of a $100,000 property will increase according to the equation = , .
Real Estate Inflation During a 5-year period of constant inflation, the value of a $100,000 property will increase according to the equation = , . .
a. What will be the value of this property in 4 years? Show or explain how you got your answer.
b. Use a table or graph to estimate when this property will double in value.
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