Janice Harris wants to buy a home. She has narrowed the choice ...

[Starlight]

Janice Harris wants to buy a home. She has narrowed the choice down to a 125,000 home in Summerton and a 138,000 home in Lionsville. With regard to property taxes, Summerton has an assessment rate of 100 and a tax rate of 1.86 per 100 of assessed value, while Lionsville has an 80 assessment rate and a tax rate of 22.6 mills. Which house has the higher property tax, and by how much? (Round to the nearest cent)

Question 2

Mid West Appliances buys washers for 369 each. If a 43 markup based on cost is desired, what should be the selling price of the washer?

[briseldagonzales]

Answer to Question 1

Lionsville, 170.04

Answer to Question 2

527.67

[Starlight]

Thanks for the timely response, appreciate it

[scikid]

Gracias!