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Check My Work eBook Perez, Inc., is headquartered in an area in which assessed valuation is 70% of market value. The tax rate this year

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Perez, Inc., is headquartered in an area in which assessed valuation is 70% of market value. The tax rate this year is $1.1 on each $100 of assessed valuation. Its property has a market value of $330,000. How much property tax will Perez pay this year? Enter your answers rounded to the nearest cent. $

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