Question: 17 (5 points) Title:AlgwFin-U8-Test-Std17-49 Use the formulas below to predict the resale value in 10 years of a home with a present value of $250,000

17 (5 points) Title:AlgwFin-U8-Test-Std17-49 Use the formulas below to predict the resale value in 10 years of a home with a present value of $250,000 and an annual growth rate of 3.4%. Future growth = (1 + annual rate)years Future value = (Future growth)(Current value) a $349,250 b $335,000 c $258,500 d $2,585,000

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