If an average home in your town currently costs $250,000, and house prices are expected to grow at an average rate of 3 percent per year, what will a house cost in 8 years?
A)$255,033.41
B)$255,043.97
C)$314,928.01
D)$316,692.52

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The Answer of If an average home in your town currently costs $250,000, and house prices are expected to grow at an average rate of 3 percent per year, what will a house cost in 8 years?
A)$255,033.41
B)$255,043.97
C)$314,928.01
D)$316,692.52

If an Average Home in Your Town Currently Costs $250,000