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The annual property tax rate is the same for all stores. ( See the Misc Data worksheet for the cost per SF . ) The

The annual property tax rate is the same for all stores. (See the Misc Data worksheet for the cost per SF.) The rate is applied to
the number of total square feet in a given store. The square footage information of each store is listed on the Store Info
worksheet.
1. Write a formula to calculate the property tax of store 11001 for one year and copy it down the column to
calculate the property taxes for the other stores.
2. After the row that contains the calculation for the final store (11005), SUM the property taxes for all the
stores. Remember, use cell references and functions like the SUM function - whenever you can.

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