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Mr. Malik is considering a larger house in the same area. Currently the taxes on his $250,000 home amount to $3000 per year. If he
Mr. Malik is considering a larger house in the same area. Currently the taxes on his $250,000 home amount to $3000 per year. If he expects the taxes on other homes in the area to be in the same ratio as the assessed values, what tax amount will Mr. Malik pay on a house assessed at $300,000? $3200 $3600 $3500 $3000 $4000
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