If an average home in your town currently costs $300,000, and house prices are expected to grow at an average rate of 5 percent per year, what will an average house cost in 10 years?

How much would be in your savings account in 10 years after depositing $50 today if the bank pays 7 percent interest per year?

If an average home in your town currently costs $250,000, and house prices are expected to grow at an average rate of 3 percent per year, what will a house cost in eight years?

Answer rating: 100% (QA)

Lets calculate the future values for each scenario 1 Average House Price in 10 Years Given that the ... View the full answer