You hope to buy your dream house six years from now.Today your dream house costs £189,900. You expect housing prices to rise by an average of 4.5% per year over the next six years.How much will your dream house cost by the time you are ready to buy it?
A) £240,284.08
B) £246,019.67
C) £246,396.67
D) £246,831.94
E) £247,299.20
Correct Answer:
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