he city of Springvale levies a tax on the value of real property located within its city limits. The tax equals 2 percent of the propertys assessed value up to $500,000 plus 4 percent of the value in excess of $500,000. Compute the tax on real property valued at $472,000. Compute the tax on real property valued at $800,000.

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Compute the tax on real property valued at $472,000.

Tax on real property

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