The mill rate of Ranbir's house in British Columbia is 6 mills and the property tax for

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The mill rate of Ranbir's house in British Columbia is 6 mills and the property tax for the factory that he owns is 1.5 times that of a residential property.

a. How much will he pay in property tax if his house is assessed at $350,000?

b. How much property tax will he pay for his factory that is assessed at $680,000?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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