Mr. and Mrs. Espedidoâ€™s property taxes, amounting to $2450, are – McqOptions

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1.	Mr. and Mrs. Espedidoâ€™s property taxes, amounting to $2450, 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 6% compounded monthly on surplus funds?
A.	2354.17
B.	2354
C.	2376
D.	2389
Answer» B. 2354

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