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House price is 250000 with 4 percent inflation rate how much will the house cost in five years?
Wiki User
∙ 14y ago
If price of House is Rs. 2,50,000.00
Inflation 4% annually.
After 5 years, Price of house will be:
Future value = Present value (1+ inflation rate) ^ years
i.e., 2,50,000.00 * (1+0.04)^5
= Rs. 3,04,163.23
Wiki User
∙ 14y ago
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