« previous next »

Author Question: A home having an annual tax bill of 1,500 was sold at the end of the sixth month of the taxable ... (Read 57 times)

formula1

  • Hero Member
  • *****
  • Posts: 666
on: Jun 24, 2018
A home having an annual tax bill of 1,500 was sold at the end of the sixth 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 a 9 bond at 88 . The bond would mature in 6 years. Compute the rate of yield to maturity. (Do not consider commission. Round answer to two decimal places.)


vboyd24

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 24, 2018
Answer to Question 1

750

Answer to Question 2

11.7


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

This frame from a home video shows Eric Harris (on the left) and Dylan Klebold (on the right) as ... This frame from a home video shows Eric Harris (on the left) and Dylan Klebold (on the right) as ...
If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ... If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ...
Philip wants to supplement his pension by $415 per month with income from his investments. His ... Philip wants to supplement his pension by $415 per month with income from his investments. His ...
Compute the rate of discount allowed on a rontor -tiller that lists for K 341 and is sold for K ... Compute the rate of discount allowed on a rontor -tiller that lists for K 341 and is sold for K ...
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ... Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ...
Video: Stretch reflex & Tendon reflex

For a complete list of videos, visit our video library