How many points will you give?
5/8 is the lowest fraction. It can not be simplified anymore
Given two sets X and Y, a relation between X and Y freely associates elements of X with elements of Y, with no restrictions.
A function is a relation with some restrictions: there must be exactly one element of Y connected with each element of X.
The set X is called the domain of the function, and it represents all the possible inputs that we can feed the function with. As we just said, every element of the domain must have a correlated element in Y.
The set Y is called the range of the function, and it represents all the possible outputs that the function can return.
Answer:
$132,000 X .0085 = $1,122 / 360 = $3.1166 X 164 = $511.13
One mill is one dollar per $1,000 dollars of assessed value.
In our case 8.5 mills equivalent to 0.0085.
So to get the assessed value for one day
we will get
$132,000 X .0085 = $1,122 / 360 = $3.1166
Now we have the value for one day,
For June 14, we will calculate the days from January 1st to date
total days are 164. i.e. 5*30+14 = 164
Finally, the seller owes
$3.1166 * 164 = 511.13
