4.1 You would like to buy a house that is currently on the market at...
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4.1 You would like to buy a house that is currently on the market at R85,000, but you cannot afford it right now. However, you think that you would be able to buy it after 4 years. If the expected inflation rate as applied to the price of this house is 6% per year, what is its expected price after four years
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