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irina [24]
2 years ago
6

A homesteaded property is located in Jupiter, Florida, in Palm Beach County. The property has been assessed at $185,000. The cit

y tax rate is 8.8 mills, the county tax rate is 9.3 mills, and the school board levy is 6.5 mills. The owner is a widow and has qualified for and received homestead tax exemption. How much will the owner pay in property taxes
Business
1 answer:
anastassius [24]2 years ago
3 0

Answer:

The owner will pay in property taxes the sum of:

= $3,321.

Explanation:

a) Data and Calculations:

Assessed value of property = $185,000

City tax rate =                8.8 mills

County tax rate =          9.3 mills

School board levy =     6.5 mills

Total property rate = 24.6 mills

Homestead tax exemption in Florida = $50,000

Taxable property value = $135,000 ($185,000 - $50,000)

Property tax liability = $135,000 * 24.6/1,000 = $3,321

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Business incubators assist established companies attempting to generate foreign sales. This statement is false.

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7 0
2 years ago
Suppose that the following group of values has been entered into the TVM
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The bal() function that is going to balance the loan after a period of 9 years would be  A. bal(108)

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The question tells us that the loan balance would be calculated after the period of 9 years.

We have 12 months yearly in all of these 9 years.

Hence the function would be bal(12*9)

= bal(108)

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5 0
2 years ago
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Strategic planning is conducted at the highest levels of management and deals with products, capital, research, and the long- and short-term goals of a company.

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8 0
1 year ago
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E is the correct answer

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7 0
3 years ago
Complete the statements and then calculate the change in consumption.
AnnZ [28]

Answer:

A. Disposable income

B. Marginal Propensity to Consume

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Explanation:

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