Question
The Kelly family buys a new house for $93,500 on May 1, 1996. How much was this house worth on May 1, 1992 if
The Kelly family buys a new house for $93,500 on May 1, 1996. How much was this house worth on May 1, 1992 if real estate prices have risen at a compound rate of 8% per year during that period?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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