Mathematics, 21.04.2020 18:57 mmaglaya1
Brenda Roth’s home is located in Columbus, Ohio where the rate of assessment is 35% of market value. That take rate is 59.56 mills. The market value of her home is $392,000.
Find the assessed value.
Market Value×Rate of Assessment
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Find the real estate tax.
Assessed Value×(Mills÷1000)
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Answers: 1
Mathematics, 21.06.2019 20:10, morgantisch25
A. use the formula for continuous compounding with the original example: $1000 invested at 2% for 1 year. record the amount to 5 decimal places. use a calculator. b. compare it to the result using the original compound interest formula with n = 365 calculated to 5 decimal places. which has a larger value? explain.
Answers: 1
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