Question: How would you solve for the following question using the BA II Plus Texas Insturment. Suppose that 5 years ago you purchased a house for

How would you solve for the following question using the BA II Plus Texas Insturment.

Suppose that 5 years ago you purchased a house for $250,000. Since that time, housing prices have fallen by an average of 12% per year. The housing market seems to be turning around and you expect that housing prices will increase at an average rate of 5% per year over the next 10 years. How much will your house be worth 10 years from now?

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