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Author Question: Jigger is planning to buy a house. He has two options. A 2400 sq. ft. bungalow in Whitby costs $389 ... (Read 49 times)

laurencescou

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on: Jun 6, 2019

Question 1

Samir plans to sell his 2400 sq. ft. bungalow in Whitby for $389 000 and buy a similar-sized house in Oshawa for $369 000. Whitby charges the property tax at the mill rate of 13.59815, whereas Oshawa charges the property tax at the mill rate of 16.18347. What will be his net property tax penalty/saving?

Question 2

Jigger is planning to buy a house. He has two options. A 2400 sq. ft. bungalow in Whitby costs $389 000. A similar size house costs $369 000 in Oshawa. Jigger plans to base his decision on the cost of property tax paid. Whitby charges the property tax at the mill rate of 13.59815, whereas Oshawa charges the property tax at the mill rate of 16.18347. Where will Jigger end up paying less tax and likely buy the home?
◦ He should not buy at all
◦ It costs the same in both Oshawa and Whitby
◦ Whitby
◦ Not enough data to make a decision
◦ Oshawa
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by laurencescou on Jun 6, 2019

choc0chan

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Reply #1 on: Jun 6, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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laurencescou

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Reply 2 on: Jun 6, 2019
Thanks for the timely response, appreciate it

peter

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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