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Business, 24.03.2020 16:54 aroland1990x

The current value of a property is $60,000. For real estate tax purposes, the property is assessed at 30 percent of its current value, with an equalization factor of 1.25 applied to the assessed value. If the tax rate is $4 per $100 of assessed valuation, what is the amount of tax due on the property?

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The current value of a property is $60,000. For real estate tax purposes, the property is assessed a...
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