The average cost of a single family home in Seattle, WA in 2004 was $230,000. In 2005
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The average cost of a single family home in Seattle, WA in 2004 was $230,000. In 2005 the average cost was $252,000. If this trend continued, what was the expected cost in 2007? Use the formula N= N0ert, where N represents the average cost of a home. Round to the nearest thousand.
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