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Shannon wants to calculate her property tax. The market value of the property is $85,000. The assessment rate is 41%. The property tax rate is $46.30 per $1000 of assessed value. Show all work.
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Aug 26, 2017
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Shannon wants to calculate her property tax. The market value of the property is $85,000. The assessment rate is 41%. The property tax rate is $46.30 per $1000 of assessed value. Show all work.
Mathematics
high-school
Matt DeKrey
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Given:
Market VAlue = 85,000
Assessed value = 41%
property tax rate is 46.30 per 1,000 of assessed value.
85,000 * 41% = 34,850
34,850 / 1000 = 34.85
34.85 * 46.30 = 1,614.56
The property tax to be paid is $1,614.56
Bren
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Sep 2, 2017
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