Question 11 • Financial Math - MA2007
First find the assessed value: $144,700 × 0.72 = $104,184. The total property tax is $104,184 × 0.039 = $4,063.176, and 65% of that is $4,063.176 × 0.65 = $2,641.06. Rounded to the nearest dollar, $2,641 went to public schools, which is choice C.
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