Author Question: A veteran living in Tulsa receives a partial exemption of 10 of regular property taxes. The veteran ... (Read 83 times)

vicky

  • Hero Member
  • *****
  • Posts: 586
A veteran living in Tulsa receives a partial exemption of 10 of regular property taxes. The veteran owns property valued at 190,000 . If the property is assessed at 70 of value and the current rate is 1.2, how much tax is due each six months?

Question 2

An investor purchased an 8  bond at 108 . The bond matures in 5 years. Calculate the current yield. (Round answer to two decimal places.)



billybob123

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

718.2

Answer to Question 2

7.87



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

For a complete list of videos, visit our video library