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(Solved):   Mr. and Mrs. Nguyen's property taxes, amounting to $3500, are due on July 1. What amount s ...



Mr. and Mrs. Nguyens property
taxes, amounting to $3500, are
due on July 1. What amount should
the city accept if the taxes

 

Mr. and Mrs. Nguyen's property taxes, amounting to $3500, are due on July 1. What amount should the city accept if the taxes are paid eight months in advance and the city can earn 3.6% compounded monthly on surplus funds? * 1 point


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