Question: You have purchased a house for $ 8 0 0 K with a 3 0 % downpayment. The expected house price appreciation rates for the

You have purchased a house for $800K with a 30% downpayment. The expected house price appreciation rates for the next four years are 0%,1%,3%, and 3%, respectively. What is theexpected average annual equity value appreciationon this house for the next four years? Enter the answer as a %

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