The annual real estate tax on a duplex house is 20,949 and the owener sells the house after 9 months of the tax year. How much annual tax will the seller pay, and how much will the buyer?
Very rich question, concerning 'Duplex'.... sorry Ma'am Just Kidding
9 months is 9/12 or 3/4 or 0.75 into the year when the sale takes place. So the owner will pay 0.75 of the annual real estate tax and the buyer will pay 0.25 of the tax. Owner pays $20,949 * 0.75 = ? Buyer pays $20,949 * 0.25 = ?
Thank you @Aum, your answer was correct. I did the math according to your equation and got the answer correct. :)
@goformit100 that is alright. You definitely need a little humor in the math world!
@choochamo Ma'am, Humor means ?
Please Reply....
Uh, humor means laughter.
You are welcome. Glad to be able to help.
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