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You purchase a home for $220,000 that you expect to appreciate 6% in value on an annual basis. How much will the home be worth

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You purchase a home for $220,000 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 Annulty of $1. Present Value Annuity of $1.) (Use appropriate factor from the PV tables. Round your final answer to nearest dollar amount.) Multiple Choice $2,899,776 $1,619,222 $393,976 $122,848

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