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Author Question: The residents of Ashville voted to widen their roads, at a cost of 220 per residence, with the cost ... (Read 33 times)

imanialler

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on: Jun 24, 2018
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.)


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dudman123

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Reply #1 on: Jun 24, 2018
Answer to Question 1

171

Answer to Question 2

10.27


imanialler

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

epscape

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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