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A home owner has owned and lived in his Florida home for six years. His community has a property tax rate of 25 milis. In
A home owner has owned and lived in his Florida home for six years. His community has a property tax rate of 25 milis. In addition to his homestead exemption of $50,000, the owner receives a $500 tax exemption, due to his disability. If the owner's final tax bill is $862.50, what is the assessed value of his home? A $34,500 . $35,000 $44,500 D $85,000 A sales associate received $3,000 as a 40% share of the broker's commission on a $110,000 sale. What was the commission rate? CA 6.82% . 6.50% C. 6.00% D. 5.75%
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