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The purchased price for a new home was $230,000. The buyer put down 20%, and balance was a mortgage for 80%of the purchase price. The
The purchased price for a new home was $230,000. The buyer put down 20%, and balance was a mortgage for 80%of the purchase price. The appraised value at the time of closing assessed value was $220,000. What will the buyer pat for one year's property taxes, if her rate is 0.2%?
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