Willow Falls has a valuation rate of 30. If a building in Willow Falls has an assessed valuation of 90,000 . compute the market value of the building.
Q. 2An investor bought a 10 bond at 109 . The bond would mature in 5 years. Compute the rate of yield to maturity. (Do not consider commission. Round answer to two decimal places.)
Q. 3Dover City has a valuation rate of 40. If a building in Dover City has a market value of 220,000 . compute the amount of assessed valuation.
Q. 4An investor bought a 10 bond at 109 . The commission was 5 . Compute the current yield. (Round answer to two decimal places.)
Q. 5Robert Velasco planned to purchase furniture costing 29,900 . The sales tax in Robert Velasco's home state was 8. The sales tax in a neighboring state was 3. Delivery charge from the neighboring state would be 1,000 . Compute the amount Robert Velasco would save by purchasing furniture from the neighboring state.
Q. 6An investor bought a 7 bond at 82 . The bond would mature in 6 years. Compute the rate of yield to maturity. (Do not consider commission. Round answer to two decimal places.)
Q. 7Sam Urvine lives in a state having a sales tax of 7.5. Compute the amount of tax Sam Urvine will pay on a purchase of 5,200.