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Property taxes in a particular district are 2% of the purchase price every year. If you just purchased a $300,000 home, what is the present
Property taxes in a particular district are 2% of the purchase price every year. If you just purchased a $300,000 home, what is the present value of all the future property tax payments? Assume that the house remains worth $300,000 forever property tax rates never change, and that a 4% interest rate is used for discounting The present value of all the future property tax payments is $ (Round your response to two decimal places.) Help me solve this Etext pages Get more help. Michio A Clear all Check answe
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