Question: Question 21 (4 points) Use the formulas below to predict the resale value in 20 years of a home with a present value of $200,000

Question 21 (4 points) Use the formulas below to
Question 21 (4 points) Use the formulas below to predict the resale value in 20 years of a home with a present value of $200,000 and an annual growth rate of 3.4%. Future growth = (1 + annual rate)years Future value = (Future growth)(Current value) O a $206,800 Ob $390,340 OC $268,000 O d $17,600,000

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