This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The town of San Juan has a total assessed valuation of 680,000,000 . The amount to be raised by ... (Read 164 times)

leo leo

  • Hero Member
  • *****
  • Posts: 566
on: Jun 24, 2018
The town of San Juan has a total assessed valuation of 680,000,000 . The amount to be raised by taxation is 12,580,000 . Compute the tax rate and express the answer as a percentage.

Question 2

An investor bought a 6  bond at 74 . The bond would mature in 13 years. Compute the rate of yield to maturity. (Do not consider commission. Round answer to two decimal places.)


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

scikid

  • Sr. Member
  • ****
  • Posts: 300
Reply #1 on: Jun 24, 2018
Answer to Question 1

1.85

Answer to Question 2

10.06


leo leo

  • Hero Member
  • *****
  • Posts: 566
Reply #2 on: Jun 24, 2018
Correct answers!


scikid

  • Sr. Member
  • ****
  • Posts: 300
Reply #3 on: Jun 24, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Small Town USA: Struggling to Survive Small Town USA: Struggling to Survive
Agricultural Land as a Fraction of Total Wealth in the United Kingdom Agricultural Land as a Fraction of Total Wealth in the United Kingdom
Finding the length given total distance and distance longer than other point Finding the length given total distance and distance longer than other point
A 40.0-kg crate is being raised by means of a rope. Its upward acceleration is 2.00 m/s2. What ... A 40.0-kg crate is being raised by means of a rope. Its upward acceleration is 2.00 m/s2. What ...
Video: Major Elements in Biological Molecules: Lipids

For a complete list of videos, visit our video library