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You bought a house today for $350,000 that you plan to sell in 8 years. - If the expected annual growth rate is 3%, what

You bought a house today for $350,000 that you plan to sell in 8 years.

- If the expected annual growth rate is 3%, what is the expected appreciated value of the house at the end of the fifteenth year?

- If the expected annual growth rate is 8%, what is the expected appreciated value of the house at the end of the fifteenth year? [2]

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