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Author Question: The budget planners for Morrisville have determined that 6,295,000 will be needed to provide the ... (Read 68 times)

Lisaclaire

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on: Jun 24, 2018
The budget planners for Morrisville have determined that 6,295,000 will be needed to provide the governmental services for next year. The total assessed property value in Morrisville is 98,240,000. What tax rate will need to be imposed to meet these budgetary demands? a. Express as a percentage b. Express in mills

Question 2

The percent markup on a pickup truck is known to be 112 based on cost to the seller. If the seller paid 15,800 for one, then what would be the corresponding percent markup based on the sale price? (Round to the nearest tenth percent)


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ryrychapman11

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

a. 6.41
b. 64.1 mills

Answer to Question 2

52.8


Lisaclaire

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

bitingbit

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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