This topic contains a solution. Click here to go to the answer

Author Question: A home having an annual tax bill of 1,800 was sold at the end of the ninth month of the taxable ... (Read 30 times)

tatyanajohnson

  • Hero Member
  • *****
  • Posts: 569
A home having an annual tax bill of 1,800 was sold at the end of the ninth month of the taxable year. The seller had already paid the entire tax for the year. How much tax was the seller reimbursed on proration of taxes at the time of the sale?

Question 2

An investor bought an 8  bond at 98 . The bond would mature in 4 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

fauacakatahaias

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

450

Answer to Question 2

9.09




tatyanajohnson

  • Member
  • Posts: 569
Reply 2 on: Jun 24, 2018
Wow, this really help


at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

For a complete list of videos, visit our video library