If a plot of land is assessed to have a value of 125% of the purchase price
Question:
If a plot of land is assessed to have a value of 125% of the purchase price of $815,000, and the property taxes due are $20,375, what is the tax rate?
AppendixLO1
Step by Step Answer:
Related Book For
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
Question Posted: