Question
According to www.city-data.com, the mean price (market value) of a detached house in white county in 2009 was $159,996. assuming the county assesses property at
According to www.city-data.com, the mean price (market value) of a detached house in white county in 2009 was $159,996. assuming the county assesses property at 32% of the market value, and using the tax rate of 9%, what would be the total property tax due for a house at this mean price?
round to the assessed value to the nearest dollar and the tax due to the nearest cent.
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
