A homesteaded property is located in Duval County, Florida. The City tax rate is 8.5 mills,...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
A homesteaded property is located in Duval County, Florida. The City tax rate is 8.5 mills, the county tax rate is 9.0 mills, and the school tax rate is 7.3 mills. The homeowner has qualified for homestead exemption. The home has an assessed value of $230,000. What does the homeowner owe for property taxes? I a $3,096.00 b. $4,410.00 c. $4,592.50 d. $5,022.50 Correct Answer A homesteaded property is located in Duval County, Florida. The City tax rate is 8.5 mills, the county tax rate is 9.0 mills, and the school tax rate is 7.3 mills. The homeowner has qualified for homestead exemption. The home has an assessed value of $230,000. What does the homeowner owe for property taxes? I a $3,096.00 b. $4,410.00 c. $4,592.50 d. $5,022.50 Correct Answer
Expert Answer:
Answer rating: 100% (QA)
The correct answer isb 441000To calculate the property taxes owed by the home... View the full answer
Related Book For
Business Math
ISBN: 978-0133011203
10th edition
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
Posted Date:
Students also viewed these finance questions
-
Please see the diagram for local student can take 1 to 5classes and remote student can take 2 to 3 classes local student'scourse can ba 10 to 30 student and remote student's course can be 0to 10 st...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
Two basic assumptions of technical analysis are that security prices adjust: A. rapidly to new information and market prices are determined by the interaction of supply and demand. B. rapidly to new...
-
Read the section in your text called "Why Nations Protect Their Industries". After reading that section, go to the World Trade Organization website and find Trade Topics. You may select any product...
-
Which of the following is true about cash balance plans? I. Past service credit is available. II. Employer guarantees a minimum rate of return. III. Participants direct investments in hypothetical...
-
Calculate the magnitude of the magnetic field at the center of a circular arc of radius \(25 \mathrm{~mm}\) spanning an angle of \(\pi / 2\) and carrying a current of \(3.0 \mathrm{~A}\).
-
List all the promotional mix elements used in the Pepsi Refresh campaign. What grade would you give PepsiCo on integrating these elements into an integration marketing communications campaign? This...
-
1.Which of the following is an advantage of implementing just-in-time inventory management? Pick 1 option The frequency of raw materials deliveries is reduced Monthly finance costs incurred in...
-
Cody Jenkins and Lacey Tanner formed a partnership to provide landscaping services. Jenkins and Tanner shared profits and losses equally. After all the tangible assets have been adjusted to current...
-
Fitzgerald Associates develops custom computer systems for auto dealers. On November 1, 2022, Fitzgerald installed a $975,000 sales and service system for Hoola Autos Fitzgerald agreed to accept a $1...
-
Recalculate the intrinsic value of Toyota shares using the free cash flow model of Spreadsheet(above) under each of the following assumptions. Treat each scenario independently. a. Toyota's P/E ratio...
-
% % 3% 3% 0% 1% 7% 3% 6% 1% 12% 92% 02% 15% Calculate the expected return and standard deviation for each asset individually using the data in the table to the left. StockB StockC Expected Return...
-
Question 25 1 points You plan to invest $100 for two years with a building society. The building society pays 6% per annum compounded monthly. The effective annual rate of interest earned on the...
-
Question: Should we use the recommended 4% discount rate? B-Well Health Mart has a capital structure consisting of 30% debt and 70% equity. The debt consists of loans from the Long Island Bank with...
-
Find the implied volatility (to 2 decimals, for example, o = 8.23%) of a Put option with a time to expiration of 11 months and a price of $6.13 The stock is currently trading at $47. The riskless...
-
A 1000kg F1 car in on start-finish straight heading to the first corner at 192mph. Determine the: 1) Velocity in m/s. (5) 2) Weight of the car. (5) 3) kinetic energy of the car. (10) 4) upload a file...
-
Walker, Inc., is an all-equity firm. The cost of the company's equity is currently 11.4 percent and the risk-free.rate is 3.3 percent. The company is currently considering a project that will cost...
-
Laquita Marbut lives in a condo and is required to have renters insurance to protect her personal property. She has an excellent credit rating and elects to purchase a policy that will cover $20,000...
-
What is the effective interest rate of a simple discount note for $30,800, at an ordinary bank discount rate of 14%, for 20 days? Round to the nearest tenth of a percent.
-
Use Table 13 - 1 Appropriate formula for Exercise 11 - 16. See Examples 3 and 4 for table or Examples 5 through 7 for formulas. First State Bank loaned Doug Morgan $2,000 for four years compounded...
-
With her right eye, Maria can focus on a vase 0.5 m away, but not on a tree 10 m away. What could be the eyeglass prescription for her right eye? A. +3.0 D B. + 10 D C. - 5.0 D D. -1.5 D
-
The screen in a pinhole camera is moved farther away from the pinho le. The image on the screen will A. Become larger. B. Become smaller. C. Remain the same size.
-
Kara has a near-point distance of 40 cm. So that she can focus on a book 25 cm away, her corrective lenses should create A. A virtual image of the book 40 cm from her eye. B. A real image of the book...
Study smarter with the SolutionInn App