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Vervet County levies a real property tax based on the following schedule. Rate 3% +1% Assessed value $-0 - to $250,000 $250,001

Vervet County levies a real property tax based on the following schedule.\ Rate\

3%

\

+1%

\ Assessed value\

$-0

- to

$250,000

\

$250,001

and above\ Bilex Incorporated owns real property valued at

$629,800

. Compute Bilex's tax on this property.\ None of the choices are correct.\

$13,798

\

$6,298

\

$7,500
image text in transcribed
Vervet County levies a real property tax based on the following schedule. Bilex Incorporated owns real property valued at $629,800. Compute Bilex's tax on this property. None of the choices are correct. $13,798 $6,298 $7,500

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