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Author Question: Determine the tax rate. Round to the nearest cent or nearest hundredth. Assessed property value: ... (Read 53 times)

Brittanyd9008

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  • Posts: 500
on: Feb 26, 2020

Question 1

The assessed valuation of property is equal to the assessment rate:
◦ plus the market value
◦ divided by the market rate
◦ times the book value
◦ times the market value

Question 2

Determine the tax rate. Round to the nearest cent or nearest hundredth.

Assessed property value: $137,400,000
Expenses to be funded by property tax: $5,104,000
Tax per amount of assessed value: $1
◦ $0.03 per $1
◦ $0.27 per $1
◦ $0.04 per $1
◦ $0.31 per $1
Business Math ¦ Cleaves, Hobbs, Noble ¦ 11th Edition
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Marked as best answer by Brittanyd9008 on Feb 26, 2020

karmakat49

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Reply #1 on: Feb 26, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Brittanyd9008

  • Member
  • Posts: 500
Reply 2 on: Feb 26, 2020
Great answer, keep it coming :)

matt95

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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