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12 November, 21:08

The Smiths own a home whose market value is $105,000. Their municipality taxes at 85% and the rate is 70 mills or $70 per thousand. What will the Smiths pay in taxes?

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  1. 12 November, 23:31
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    House value $105,000, that means 105 x 1000

    Since the mills is $70, then the taxes will be 105x70 = $7,350
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