Question: 15 (5 points) Title:AlgwFin-U8-Test-Std17-48 Use the formulas below to predict the resale value in 30 years of a home with a present value of $70,000

15 (5 points) Title:AlgwFin-U8-Test-Std17-48 Use the formulas below to predict the resale value in 30 years of a home with a present value of $70,000 and an annual growth rate of 3.4%. Future growth = (1 + annual rate)years Future value = (Future growth)(Current value) a $72,380 b $2,100,000 c $93,800 d $190,862

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