2
QuizMultiple Choice

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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