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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
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