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.
Duration is a measure of a bond priceâs sensitivity to a change in interest rates, measured in years. Bonds with longer durations are more sensitive to interest rate changes. If youâre in a bond with a duration of 10 years and rates rise 1%, youâll see a 10% decline in the bondâs price.