A house in Vancouver is currently valued at $1.5 million. If the average annual growth in Vancouver
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Question:
A house in Vancouver is currently valued at $1.5 million. If the average annual growth in Vancouver house prices over the last 10 years was 15%, what was the value of the house 10 years ago?
Select one:
a. $606,833.66
b. $370,777.06
c. $225,000.00
d. $211,205.40
e. $130,434.78
Related Book For
Fundamentals of corporate finance
ISBN: 978-0470876442
2nd Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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