Tractor Labs, a successful heavy equipment manufacturer in Canada, decided to expand its production line and purchased
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Tractor Labs, a successful heavy equipment manufacturer in Canada, decided to expand its production line and purchased land in Mississauga, Ontario for $3,890,000. If the municipality assessed the value of the industrial land at 65% of its purchase price and the tax rate is 0.85% per annum, calculate the amount of property tax to be paid in the first year.
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Related Book For
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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