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goji.go goji.go
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Posts: 5977
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9 years ago
A village's legal debt limit is $20 million. Its outstanding general obligation debt is $9 million. The full value of its real property is $520 million, which includes $40 million of property that is exempt from taxation. What is the village's debt burden?
      a.   1.7%
      b.   1.9%
      c.   3.8%
      d.   4.2%
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Diesel
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Answer accepted by topic starter
f_zah1f_zah1
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#1
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9 years ago
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goji.go Author
wrote...
#2
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
#3
9 years ago
You're very welcome!
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