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Home Q & A Board Science-Related Homework Help Mathematics
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CountrySlim84 CountrySlim84
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A year ago
A municipality requires an extra $3,000,000 for its operating budget next year. The current mill rate is 8.3573 and the assessed values of properties in the municipality remains constant at $8.58 billion.

If the total of all assessed values rises by 5% over the current assessment, at what value must next year's mill rate be set?

▸ 8.6903

▸ 8.2923

▸ 7.9923

▸ 9.7684

▸ 8.3906
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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hmging94hmging94
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A year ago
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Anonymous
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8 months ago
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