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A house was assessed for tax purposes at 60% of market value and the tax rate was $3.72 per $100 of assessed value. Twelve years

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A house was assessed for tax purposes at 60% of market value and the tax rate was $3.72 per $100 of assessed value. Twelve years later, the same ratios were used and the taxes went up by $400. How much did market value go up? O A. $10,750 OB. $17.921 Oc. $18,632 OD. $28,671 A building with a net income of $10,000 was appraised at $100,000. What would be the value if the capitalization rate has decreased by one percentage point? O A. $90,909 O B. $100,000 O c. $105,263 OD. 5111,111

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