John and Mary Billings own a condominium with an assessed value of \$110,000. If the tax rate is 25 mills per \$1.00 of assessed valuation , how much tax do they pay ?
Question
Updated 274 days ago|7/25/2023 5:05:41 PM
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User: John and Mary Billings own a condominium with an assessed value of \$110,000. If the tax rate is 25 mills per \$1.00 of assessed valuation , how much tax do they pay ?

Weegy: John and Mary Billings own a condominium with an assessed value of \$110,000. [ If the tax rate is 25 mills per \$1.00 of assessed valuation, they will pay 2,750 for the tax. Solution: 25 mills per \$1 25 * 110,000 = 2,750,000 1 mill = 1/1,000 2,750,000/1,000 = \$2,750 (answer) ]
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User: From net earnings of \$740 per month per month , Lisa Jones must spend \$200 for her portion of the rent on an apartment she shares with two friends .What percent of her net income is her rent payment ?

Weegy: From net earnings of \$740 per month, Lisa Jones must spend \$200 for her portion of the rent on an apartment she shares with two friends. Rent payment as percent of her net income = 200/740*100 = 27.03%.
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Question
Updated 274 days ago|7/25/2023 5:05:41 PM
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Questions asked by the same visitor
The gross income of Abelina Bennett is \$215 per week her deductions are : \$15.16, FICA tax \$29.33, income tax , 2%: state tax,1% city tax and 3% retirement fund. What is her net income ?
Weegy: The gross income of Abelina Bennett is \$215 per week. Her deductions are: \$15.16, FICA tax; \$29.33, income tax; 2% state tax; 1% city tax; and 3% retirement fund. Her net income is \$157.61. [ Solution: Gross income: \$215 per week Deductions: \$215 x 0.02 = \$4.3 \$215 x 0.01 = \$2.15 \$215 x 0.03 = \$6.45 \$15.16 \$29.33 x = 215 - (4.3 + 2.15 + 6.45 + 15.16 + 29.33) x = 215 - 57.39 x = 157.61. ] (More)
Question
Updated 20 days ago|4/4/2024 5:56:29 PM
The gross income of Maurice Vaughn is \$785 per week. His deductions are \$42.25, FICA , \$90.33, income tax ,2% state tax,1% city tax ,and 3% retirement fund. What is his net income for one week?
Weegy: The gross income of Maurice Vaughn is \$785 per week, FICA tax; \$42.25, income tax; 2% state tax;city tax : 1% retirement fund, total tax= 6% * 785 = \$47.1 , deductions are: \$42.25, FICA tax; \$47.1. [ Net Income = \$785 -( \$42.25 + \$47.1 +\$90.33)= \$ \$605.324 ] (More)
Question
Updated 327 days ago|6/3/2023 2:18:35 PM
JOhn bought a used truck for 4,500 .He made an agreement with the dealer to put 1,500 down and male payments of \$350 for the next 10 months. The extra cost paid by taking this deal is equivalent to what actual yearly rate of interest ?
Weegy: The extra cost paid by taking this deal is equivalent to 36% actual yearly rate of interest. Solution: \$4,500 - \$1,500 = \$3,000; \$350 = 3, 000r (1+ r) 10 / (1+r) 10 - 1 = 36%. (More)
Question
Updated 49 days ago|3/7/2024 12:31:53 PM
Dawna Lingua bought three yards of cloth to make some curtains. The cloth was on sale for \$2.25 per yard .How much did Dawn pay for the cloth if the sales tax was 5%
Question
Updated 2/24/2023 1:49:27 AM
Dawna Lingua bought three yards of cloth to make some curtains. The cloth was on sale for \$2.25 per yard . Dawn paid \$7.09 for the cloth if the sales tax was 5%.

\$2.25 * 3 = \$6.75 ; x = (\$6.75 * 5/100) + \$6.75; x = (\$6.75 * 0.05) + \$6.75; x = 0.3375 + 6.75 ; x = \$7.0875; x = \$7.09
Dawna Lingua bought three yards of cloth to make some curtains. The cloth was on sale for \$2.25 per yard. Dawna paid for the cloth with sales tax was \$7.09. Solution: Cost of 3 yard cloth = \$2.25 × 3 = \$6.75; Sales tax on the total cost = 5% of 6.75 = (5/100) × 6.75 = 0.05 × 6.75 = \$0.3375; 6.75 + 0.3375 = \$7.0875.
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