Author Question: Find the tax rate expressed as tax per $1 of assessed value in a municipality that has budgeted ... (Read 28 times)

vHAUNG6011 · **on:** Feb 26, 2020

Question 1

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

Assessed property value: $40,356,000
Expenses to be funded by property tax: $2,633,000
Tax per amount of assessed value: mill
◦ 6.52 mills
◦ 1.53 mills
◦ 15.33 mills
◦ 65.24 mills

Question 2

Find the tax rate expressed as tax per $1 of assessed value in a municipality that has budgeted expenses of $5,980,000 and has property assessed at $410,940,000.
◦ 0.15 cents per $1 assessed value
◦ 68.72 cents per $1 assessed value
◦ 6.87 cents per $1 assessed value
◦ 1.46 cents per $1 assessed value

otokexnaru · **Reply #1 on:** Feb 26, 2020

A FREE account is required to view all solutions!

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.

Answer Preview

Only 49% of students answer this correctly