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Given the following information: market value of property: $350,000; assessed value of property: 50% of the market value; exemptions: $2,000; state millage rate: 0.25 mills;

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Given the following information: market value of property: $350,000; assessed value of property: 50% of the market value; exemptions: $2,000; state millage rate: 0.25 mills; county millage rate: 13.70 mills. Calculate: 1) annual tax liability: $ 2413.35 2) effective tax ra: Part of your answer requires attention: Input 2 (numeric input) - Please enter an

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