The Reed family bought a home 10 years ago. The home's value has appreciated 6% annually. If their home is currently worth $186,248, approximately how much did they originally pay for the house?

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Answer:

The Reed family bought a home 10 years ago. The home's value has appreciated 6% annually. If their home is currently worth $186,248, approximately how much did they originally pay for the house?

Step-by-step explanation:

46%

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