1.Given a tax rate of $0.0824 and an assessed valuation of $74,900, the total property tax due is:

	a.	$6,171.76
	b.	None of these
	c.	$6,111.67
	d.	$6,071.67
	e.	$6,110.67

2.Given a tax rate of $0.8231 and total property tax due of $12,510, the total assessed valuation rounded to the nearest dollar is:

	a.	$1,519
	b.	$5,199
	c.	None of these
	d.	$15,199
	e.	$150,199

3.

1. Lee's toy store is worth $400,000 and is insured for $300,000. Assuming an 80% coinsurance clause and a fire that caused $190,000 of damage, the liability of the insurance company is:

   	a.	$124,500
   	b.	$142,500
   	c.	$178,125
   	d.	$187,125
   	e.	None of these