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You plan to purchase your dream house 3 years from now. Today, your dream house costs $950,000. You expect housing prices to rise by an

You plan to purchase your dream house 3 years from now. Today, your dream house costs $950,000. You expect housing prices to rise by an average of 5% per year over the next 3 years. How much will your dream house cost by the time you are ready to buy it? Select one: O a. $1,294,882.01 O b. $1,099,743.75 O c. $1,292,063.48 O d. $1,127,357.00

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