The residents of Ashville voted to widen their roads, at a cost ...

[imanialler]

The residents of Ashville voted to widen their roads, at a cost of 220 per residence, with the cost spread over a 10-year period. The Parker family had an annual tax bill of 320 before the improvements. If they pay their property taxes semiannually, what will be the amount of their next tax payment?

Question 2

An investor bought a 6  bond at 85 . The bond would mature in 5 years. Compute the rate of yield to maturity. (Do not consider commission. Round answer to two decimal places.)

[dudman123]

Answer to Question 1

171

Answer to Question 2

10.27

[imanialler]

Thanks for the timely response, appreciate it

[xoxo123]

Gracias!