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Chas owns a condominium with a fair market value of $374,000. Property in the area is assessed at 35% of market value, and the tax
Chas owns a condominium with a fair market value of $374,000. Property in the area is assessed at 35% of market value, and the tax rate is $29.50 per $1,000 of assessed value. Find the amount of the property tax.
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