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You have decided that you will sell your $ 3 0 0 , 0 0 0 house when it appreciates in value to $ 5

You have decided that you will sell your $

300, 000

house when it appreciates in value to $

500, 000 .

If houses are appreciating at an average annual rate of

5 %

in your neighborhood, for approximately how long will you be staying in your house?

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