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A property has an assessed value of $210,000.The homeowner qualifies for homestead exemption. The applicable millage rates are 10city, 10 county, and 9.8 school mills.

  1. A property has an assessed value of $210,000.The homeowner qualifies for homestead exemption. The applicable millage rates are 10city, 10 county, and 9.8 school mills.

Calculate the property taxes due.

Group of answer choices

$6,013 total taxes due.

$7,013 total taxes due.

$5,013 total taxes due.

$8,013 total taxes due.

2.How much in tax savings does this owner realize by homesteading the property?

Group of answer choices

$1,245 total tax savings.

$1,265

$1,255 total tax savings.

$1,275

3.Assume the property is located outside the city limits. Calculate the applicable property taxes.

Group of answer choices

$3,413 total taxes due.

$3,513 total taxes due.

$3,713 total taxes due.

$3,613 total taxes due.

5.Assume the property owner is a legally blind widower. The owner lives within the city limits. Calculate the applicable property taxes.

Group of answer choices

$4,986.20

$4,985.20

$4,983.20 total taxes due.

$4,984.20

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