Public services worth, Suppose that there are 150 houses in

Public services worth

Assignment Help Business Economics

Reference no: EM13741915

Suppose that there are 150 houses in the community with 2,000 square feet (providing services that rent for $10,000 per year). The interest rate is 4% and with proper maintenance all of the houses will last forever. In an election the population decides that they want public services worth $8,000 per year.

What property tax rate will be necessary to fund these public services?

Reference no: EM13741915

Questions Cloud

Case study on planning and organizing : Create mission and vision statements that align with what Joseph Jackson envisions for his company and explain why these statements are appropriate for Cyber Software, Inc. Create an organizational structure that aligns with the vision of Joseph Ja..

What is the maximum market price you will pay : Wagner Industries preferred stock has a par value of $50 and a stated dividend rate of 6.0%. This means that Wagner will pay $3.00 (6% x $50) in dividends per share, per year forever. There will never be an increase or decrease in the dividend. Suppo..

What aspects of lakota life does the film silence : The Lakota Indians have strong cultural and spiritual ties. For the most part, the Indians strive to preserve their way of life. What aspects of Lakota life does the film silence?

Assignment on money management : List at least three of your financial goals. Explain whether they are short-term, intermediate, or long-term.

Public services worth : Suppose that there are 150 houses in the community with 2,000 square feet (providing services that rent for $10,000 per year). The interest rate is 4% and with proper maintenance all of the houses will last forever. In an election the population deci..

A sampling frequency of fs : suppose that a continuous time sinusoid x(t) = sqrt(2)*cos(3200*Pi*t + pi/4) is sampled with a sampling frequency of fs, producing the discrete-time signal x[n] = x(n/fs).

Property tax rate will be necessary to fund public service : Suppose that there are 150 houses in the community with 2,000 square feet (providing services that rent for $10,000 per year). The interest rate is 4% and with proper maintenance all of the houses will last forever. In an election the population deci..

How to integrate the renewable energy with grid system : How to Integrate the Renewable Energy with Grid System ? Need the answer with shema showing Balancing of overall Grid system requires )

Who accused john quincy adams of corrupt bargain maintained : Those who accused John Quincy Adams of a "corrupt bargain" maintained? Gibbons v. Ogden and Charles River Bridge v. Warren Bridge both centered on what issue?

User Account

All Pages