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18 June, 11:44

Anna has a house with a market value of $120,000 if the assessment rate is 40% and the tax rate per $100 is $2.35 how much will she oh annually in real estate tax to the nearest cent

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  1. 18 June, 12:20
    0
    The house is $120,000

    the assessment rate is 40% of $120,000 making it $48,000

    and for every $100 there is a tax of 2.35 making the tax equal $2,820

    add that all up and the total is $170,820
  2. 18 June, 13:20
    0
    2.35/100=x/120000

    Solve for x

    X=2820

    So real estate tax is

    2,820*0.40=1,128
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