Suppose that 20 years ago you purchased a house for $100,000. For the first 8 years that you owned the house, prices increased by an average of 8% per year. Then, there was a 5 year period where housing prices declined by an average of 6% per year. Since then they have risen by an average of 4% per year. How much is your house worth today? $178,757 $196,633 $171,607 $193,058