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Financial Math
Sales and Property Taxes — Quiz
Question 2
2
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Sales and Property Taxes — Quiz
Question 2 • Financial Math
A property is assessed at $250,000 , and the mill rate is 15 mills. Using the formula property tax=((assessed value))/(1,000)⋅mill rate , what is the annual property tax?
Answer
A
3 dollars comma 500
B
4 dollars comma 000
C
3 dollars comma 000
D
3 dollars comma 750
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