The ratio of number of residents in Tutwiler to the number of sex offenders is 587 to 1. The number of registered sex offenders compared to the number of residents in this city is smaller than the state average. Median real estate property taxes paid for housing units with mortgages in 2013: $530 (1.0%)
Duration is defined as the length of time that something lasts. When a film lasts for two hours, this is an example of a time when the film has a two hour duration. continuance in time.
Average Duration. Duration is a time measure of a bond's interest-rate sensitivity, based on the weighted average of the time periods over which a bond's cash flows accrue to the bondholder. Time periods are weighted by multiplying by the present value of its cash flow divided by the bond's price.