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The median sales price of a home in Las Vegas increased by 11.5% recently. The median sales price of a home in Las Vegas at

The median sales price of a home in Las Vegas increased by 11.5% recently. The median sales price of a home in Las Vegas at the beginning of 2020 was $305,000. If the median sales price were to continue to increase by 11.5% each year, what will the median sales price of home in Las Vegas be at the beginning of 2023?

Round/take your answer to the nearest cent.

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