Question: Question 17 (2 points) Use the formulas below to predict the resale value in 15 years of a home with a present value of $100,000

Question 17 (2 points) Use the formulas below to
Question 17 (2 points) Use the formulas below to predict the resale value in 15 years of a home with a present value of $100,000 and an annual growth rate of 3.4%. Future growth = (1 + annual rate)years Future value = (Future growth)(Current value) O a $165,120 b $510,000 OC $1,551,000 O d $103,400

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