The Estradas are planning to buy a house 2 year(s) from now. Housing experts in their area have estimated that the cost of a home will increase at a rate of 9% / year during that 2-year period. If this economic prediction holds true, how much can they expect to pay for a house that currently costs $90,000? Round your answer to two decimal places.
?

A. $106,929.00
B. $107,326.67
C. $107,749.56
D. $107,677.22


Answer: A

Mathematics

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