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A homeowner's tax statement lists the following mill rates for various municipal services: Tax Mill Rate Rate Schools 6.75 City 7.21 Water 0.92 Sewers

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A homeowner's tax statement lists the following mill rates for various municipal services: Tax Mill Rate Rate Schools 6.75 City 7.21 Water 0.92 Sewers 0.87 The homeowner paid $8937.50 in property taxes last year. What is the assessed value of his property? 0000 $665,509 b $461,066 C $437,500. d $567,460

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