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Saved Vervet County levies a real property tax based on the following schedule. Rate 3% + 1% Assessed value $-e- to $250,000 $250,001 and above

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Saved Vervet County levies a real property tax based on the following schedule. Rate 3% + 1% Assessed value $-e- to $250,000 $250,001 and above Which of the following statements is false? Multiple Choice If Mr. Clem owns real property valued at $112.500, average tax rates 3% If Ms Barker owns real property valued at $455.650 ner average tax rate is 27% If Ms. Lumley owns real property valued at $750,000, her marginal tax rate is 1 None of the choices are false Vervet County levies a real property tax based on the following schedule. Rate 3% Assessed value $-- to $250,000 $250,001 and above + 1% Which of the following statements is false? Multiple Choice If Mr. Clem owns real property valued at $112,500 his average tax rate is 3% If Ms. Barker owns real property valued at $455,650, her average tax rate is 21% If Ms. Lumley owns real property valued at $750.000 her marginal tax rate is

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