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

Author Question: The town of Duncan assesses property at 60 of market value. The tax rate is 2.5. A building has a ... (Read 161 times)

Yi-Chen

  • Hero Member
  • *****
  • Posts: 550
on: Jun 24, 2018
The town of Duncan assesses property at 60 of market value. The tax rate is 2.5. A building has a total market value of 760,000 . How much does the building save by being exempt from property taxes?

Question 2

An investor purchased a 7 bond at 90 (no commission). The bond matures in 10 years. Calculate the rate of yield to maturity. (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

Tonyam972

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 24, 2018
Answer to Question 1

11,400

Answer to Question 2

8.42


Yi-Chen

  • Member
  • Posts: 550
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

mammy1697

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Variation in the rate of evolution as a function of the strength of selection, assuming genetic drif Variation in the rate of evolution as a function of the strength of selection, assuming genetic drif
Respiratory Rate Ranges of Various Age Groups Respiratory Rate Ranges of Various Age Groups
Reconstruction Drawing of Trajan's Market Reconstruction Drawing of Trajan's Market
Increased acidity inhibits the growth of coral and other carbonate shell-building organisms Increased acidity inhibits the growth of coral and other carbonate shell-building organisms
Andean-Type Mountain Building Andean-Type Mountain Building
Irene Manufacturing uses a predetermined overhead allocation rate based on a percentage of ... Irene Manufacturing uses a predetermined overhead allocation rate based on a percentage of ...
Video: Muscle cell structures - actin, myosin and titin filaments

For a complete list of videos, visit our video library