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Calculate the property tax on a store

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Reference no: EM131629035

Question: 1. Calculate the property tax on a store with an assessed value of $150,250 if the tax rate is 58 mills per $1.00 of assessed value.

2. Find the tax rate expressed as tax per $1.00 of assessed value in a municipality that has budgeted expenses of $5,985,500 and has property assessed at $230,211,500.

Reference no: EM131629035

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