Answer:
John must first complete a process that starts with Form RP-524. Since the problem states that he already had a SCAR hearing, the only option left is the Tax Certiorari Proceeding which is a legal lawsuit filed in the New York State Supreme Court.
Explanation:
The compete process is as follows:
John must first file a grievance form, if he lives outside of New York City and Nassau County, he can use Form RP-524 "Complaint on Real Property Assessment" and file it with the assessor or the board of assessment review (BAR) in John's city. New York City residents and Nassau Country residents must contact directly their tax or review commissions by telephone. The grievance forms must be filed before Grievance Day in John's city (it varies depending on the city).
Then John will have to appear before the BAR and present his claim. The BAR is made up of 5 members and it cannot include the assessor or any member from the assessor's office.
If the BAR's decision doesn't satisfy John, then he can proceed with a Small Claims Assessment Review (SCAR). Since John was granted only a 20% reduction by the SCAR hearing officer, the only option left is the Tax Certiorari Proceeding which is a legal lawsuit filed in the New York State Supreme Court.
Answer: 10%
Explanation:
The formula to calculate the simple interest (I) is given by :-
Final amount : 
Given : The simple interest earned on a certain amount is double the amount when invested for 10 years.
i.e A = 2P
Put this in equation (2), we get
Put the value of I in (1), we get
Since t=10 years {given} , then
In percent , 
Hence, the interest rate is being offered = 10%
Answer:
with???
Explanation:
I need more info to see if I can even help
Answer:
6.50 Years
Explanation:
The computation of the payback period of the investment is shown below;
Total cash outflow is
= $15,000 + $8,000
= $23,000
Now the Cash Inflow in all 6 years is
= $1,000 + $2,000 + $2,500 + $4,000 + $5,000 + $6,000
= $20,500
Cash inflow in Year 7 is $5,000.
But Cumulative Cash flows from Year 1 to Year 7 is
= $20,500 + $5,000
= $26,500
This amount is more than Initial Investment i.e. $23,000.
So our Payback period is between 6 & 7 years i.e.
= 6 + ($23,000 - $20,500) ÷ 5000
= 6.50 Years
Answer: Marginal propensity to consume = $0.60
Spending multiplier = $2.5
Explanation: The MPC can be calculated using following equation :-
= 0.60
Similarly, we can calculate spending multiplier as :-
= $2.5
