Question
A residential property is assessed for tax purposes at 40% of it's market value. The residential property tax rate is 3 1/3 % of the
A residential property is assessed for tax purposes at 40% of it's market value. The residential property tax rate is 3 1/3 % of the assessed value and tax is $1200.
a) what is the assessed value of the property?
b)What is the market value of the property?
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Complex Variables and Applications
Authors: James Brown, Ruel Churchill
8th edition
73051942, 978-0073051949
