Question: Kelowna is considering raising $2 billion for a new bridge by approving a new capital levi component of the property tax. The levi must be

Kelowna is considering raising $2 billion for a new bridge by approving a new capital levi component of the property tax. The levi must be collected over the next ve years. If the total assessment value of property in Kelowna is $875 billion, what additional tax will a home owner of a property assessed at $300,000 pay each year

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