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Calculate the taxes for a property in NYC based on the following information Target assessment Year 0 1200000 Year 1 1250000 Year 2 1320000 Year

Calculate the taxes for a property in NYC based on the following information Target assessment

Year 0 1200000

Year 1 1250000

Year 2 1320000

Year 3 1360000

Year 4 1390000

Year 5 1430000

Mill rate $22 / 1000

mill rate increases 2.5% per year.

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