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A company has a property tax bill for $6,000 this year. It expects property values to rise by 8% each year and therefore increase the property tax bill by 8% each year. What is the expected amount of property taxes the company will pay for this year and the upcoming three years?

$24,080
$24,480
$27,037
$29,200

1 Answer

6 votes

Answer:

The answer on edge is C) 27,037

Explanation:

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