Calculate the property tax amount of the homeowner

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Reference no: EM131822498

Given the following information, calculate the property tax amount of the homeowner. Market value of property: $350,000, Assessed value of property: 40 % of the market value, Exemptions: $2,000, State Millage Rate: 0.25 mills, County Millage Rate: 13.70 mills. show the work

Reference no: EM131822498

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