You Hope to Buy Your Dream House Six Years from Now

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