Author Question: The tax rate on the Scanlon's house is 34 mills per dollar. The market value of their house is ... (Read 63 times)

KWilfred

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The tax rate on the Scanlon's house is 34 mills per dollar. The market value of their house is 92,000 and the assessed value is 80. How much tax is due?

Question 2

A spreadsheet has an employee's adjusted gross income in Cell E2, standard deduction in Cell F2, and exemption allowances in Cell G2. Which of the following is a formula to calculate taxable income?
 A) =E2-F2-G2
  B) =E2-F2
  C) =E2-G2
  D) =E2-F2+G2



Jmfn03

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Answer to Question 1

2,502.40;

Answer to Question 2

A



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