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The following information in question 35 should be also be used to answer questions 20 - 21. 20) Your home has a market value of

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The following information in question 35 should be also be used to answer questions 20 - 21. 20) Your home has a market value of $200,000 and you are eligible for a $5500 homestead exemption. Your local government charges a total of 25.7 mills in property taxes. Given state law provides for an assessment rate of 95% of market value, what is your assessed value? A. $200,000 B. $194,500 C. $190,000 D. $184,500

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