A sale transaction closes on April 15th. The day oIf a lot contains 48,000 square feet and is 240โ€™ wide, how deep is the lot? closing belongs to the seller. Real estate taxes for the year, not yet billed, are expected to be $2,110. According to the 365-day method, what is the seller's share of the tax bill?

a. $626
b. $675
c. $607
d. $721

Respuesta :

Answer:

c =$607

200 ft deep

Step-by-step explanation:

A sale transaction closes on April 15th. The day oIf a lot contains 48,000 square feet and is 240โ€™ wide, how deep is the lot? closing belongs to the seller. Real estate taxes for the year, not yet billed, are expected to be $2,110. According to the 365-day method, what is the seller's share of the tax bill?

a. $626

b. $675

c. $607

d. $721

Since there are 90 days between january and March, we add that to the 15 days in April. which will give us 105 days.

Applying the 365-day method,

therefore 2110/365

5.78*105

606.98

approximately=$607

b. the day golf contains 48000 square feet

then 48000 divided by how wide it is

48,000 sq ft รท 240' = 200'