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29 July, 11:24

Sharon is 18 and would like to buy a house when she is 34. What is the discount factor for today's prices if the housing values increase 7% per year?

A. 12.0% * I think maybe this one.

B. 14.29%

C. 33.9%

D. 66.1%

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Answers (1)
  1. 29 July, 12:21
    0
    If I did the math right it should be A. 12.0%
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