You are considering the purchase of a property today for $300,000. You plan to finance it with an 90 percent loan. The appreclation rate on the property value is expected to be 4 percent annuslly for the next three years. Required: a. Approximate the expected annual average rate of appreciation on home equity for the next three years. b. What If you now think that a $300,000 purchase price may be somewhat high and that if you pay this price, the expected appreciation rates in your house price will be as follows: year 1=0%, year 22%, and year 33%. Approximate the expected annual average rate of appreciation on home equty for the next three years