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Q8) Suppose that Cook County (in Illinois) now has total property assets valued at $720 million, and needs $23 million to run the county in

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Q8) Suppose that Cook County (in Illinois) now has total property assets valued at $720 million, and needs $23 million to run the county in 2020. a) What is the real estate (property) tax rate in Cook County? b) If you live in Cook County and have total property assets valued at $45,300, how much will you owe in real estate tax

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