Lily is planning to sell her home, which she bought seven years ago for a total of $168,000. the property value has increased by 2.5% each year for the past seven years. in the meantime, lily has made improvements and renovations to the home which increase its sale value by $52,000. how much will lily sell the home for, to the nearest hundred dollars?
a. $261,500
b. $249,400
c. $267,000
d. $251,700
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