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2. Property taxes in DeKalb County are roughly 3.50 % of the purchase price every year. If you just bought a $100,000 home, what is

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2. Property taxes in DeKalb County are roughly 3.50 % of the purchase price every year. If you just bought a $100,000 home, what is the Present Value (PV) of all the future property tax payments? Assume the house remains worth $100,000 forever, property tax rates never change, and that a 10% interest rate is used for discounting

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