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Mathematics, 29.01.2021 01:40 hailey2910

15) The Feldmans bought their first house for $20,000. Over the years they moved three times into bigger and bigger houses. Now, 37 years later, they are ready to retire and want a smaller house like the first one they bought. If inflation in property values has averaged 3.7% per year during that time, how much will such a house cost them now? (Round your answer to the nearest dollar.) Show your work.

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