Answer: The equalization rate for the municipality is 45%.
Explanation:
Given that,
Total market value of a municipality = $25,000,000
Total assessed value of a municipality = $11,250,000
Therefore,
Equalization rate for the municipality =
= 
= 0.45
= 45%
Hence, the equalization rate for the municipality is 45%.
Answer:
$315
Explanation:
The before-tax cost of the wood stove would comprise of 100% sales price plus 5% sales tax as hinted.
If 5%=$15=sales tax
before-tax sales price=100% sales price+5% sales tax
before-tax sales price=105%
sales tax of 5%=$15
1%=$15/5
1%=$3
105%=$3*105
105%(before tax sales price)=$315
Answer:
Loan principal amount = $19,700
Bank M:
Interest rate charges = 7.1% compounded monthly
Loan will be paid off in = Five years
Bank N:
Interest rate charges = 7.8% compounded monthly
Loan will be paid off in = Four years
From the above information, we would recommend that Maria choose her loan from Bank M if she wants a lower monthly payments and Maria choose her loan from Bank N if she wants a lower lifetime cost.
I am not really sure how to answer that.
A. Government
because it sounds right and it make sense to your question.
