Your home has a value today of $160,000. You expect prices to increase at 8% per year (compounded annually) for the nex
Posted: Sun May 08, 2022 10:41 am
Your home has a value today of $160,000. You expect
prices to increase at 8% per year (compounded annually) for the
next 4 years. After that, you expect prices to increase at 5%
per year (compounded annually) for the next 6 years.
What do you expect your home to be worth 10 years from
now?
prices to increase at 8% per year (compounded annually) for the
next 4 years. After that, you expect prices to increase at 5%
per year (compounded annually) for the next 6 years.
What do you expect your home to be worth 10 years from
now?