Mathematics, 07.02.2021 06:50 angeljohnson2081

Mill rate is the tax rate that is applied to the assessed value of a real estate property by a municipality. Your tax is calculated by multiplying the mill rate by the assessed value of a property and dividing by 1,000. If your town's mill rate is 8 and your assessed home value is $188,000, how much will your town tax bill be?

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Mill rate is the tax rate that is applied to the assessed value of a real estate property by a munic...

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