A house that was bought for 13 million dollars will appreciate by 2.45% biannually. Using the recursive method, determine: ( 10 ma

A house that was bought for 13 million dollars will appreciate by 2.45% biannually. Using the recursive method, determine: ( 10 marks)
The cost of the house after three full years.
The new cost of the house as a percentage of its original cost price.

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