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Given the following information, compute the effective tax rate for the particular piece of property in percentage terms (round to nearest hundredth). Market value of

Given the following information, compute the effective tax rate for the particular piece of property in percentage terms (round to nearest hundredth). Market value of property:$325,000 Assessed value of property: $250,000, Exemptions: $50,000, Total Millage Rate: 26.8 .show the work

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