Jess paid property taxes of $12,352.50 over last year on her home. If the purchase price of

Question:

Jess paid property taxes of $12,352.50 over last year on her home. If the purchase price of her home was $506,250, and it is assessed at 80% of the purchase price, what is the tax rate?

AppendixLO1

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

Question Posted: