Compute of future value of an asset and how much will their, Ask an Expert

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Compute of future value of an asset.

Kay and Arthur are newlyweds and have just purchased a condominium for $70,000. Since the condo is very small, they hope to move into a single Family house in 5 years. How much will their condo worth in 5 years if inflation is expected to be 8 percent?

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Basic Finance, Finance

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