The residents of Richmond voted to build a new library, at a cost ...

[Wadzanai]

The residents of Richmond voted to build a new library, at a cost of 180 per residence, with the cost spread over a 10-year period. The Wilson family had an annual tax bill of 2,580 before the improvements. If they pay their property taxes semiannually, what will be the amount of their next tax payment?

Question 2

Brenda Davies inherited a poultry company from her uncle. To make necessary improvements, she began to set aside 6,00 . every three months. Brenda earns 8 compounded quarterly. Compute the total amount that she will have after 45 months. Use Tables 23-1A and 23-1B or a calculator.

[nguyenhoanhat]

Answer to Question 1

1,299

Answer to Question 2

6,00 .  17.29342 = 103,760.52 future value

[Wadzanai]

Thank you

[nguyenhoanhat]

Happy to help you