Question

Suppose that you decide to purchase a property that has annual property taxes of $2,427.22. If the closing occurred on March 13th, calculate your share (Buyers share) of the total property taxes. For this problem, assume that we are dealing with a 365 day calendar year.

A. $482.26

B. $1990.17

C. $1,996.96

D. $2,479.22

Answer

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