Question
Find the following property tax rates. #A. Percent: 5.76% Per $100: ? Per $1000: ? #B. Percent: ? Per $100: ? Per $1000:? Find the
Find the following property tax rates.
#A.
Percent: 5.76%
Per $100: ?
Per $1000: ?
#B.
Percent: ?
Per $100: ?
Per $1000:?
Find the tax owed in the following problems.
#1
Bradkin's Toggery owns property with a fair market value of $209,200. Property in the
area is assessed at 30% of fair market value with a tax rate of 3.65%. Find the annual Tax.
Find the annual fire insurance premium for the following.
#2
A fourplex is valued at $220,000. The fire insurance policy (with an 80% coinsurance
clause) has a face value of $150,000. If the building has a fire loss of $50,000, find the amount of the loss that the insurance company will pay.
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