A house was bought for $250,000. If the inflation rate is 4% per year, what will

Practice Questions

Q1
A house was bought for $250,000. If the inflation rate is 4% per year, what will be the value of the house after 3 years?
  1. $270,000
  2. $280,000
  3. $290,000
  4. $300,000

Questions & Step-by-Step Solutions

A house was bought for $250,000. If the inflation rate is 4% per year, what will be the value of the house after 3 years?
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