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Find the assessed value of a store with a market value

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Reference no: EM131629066

Question: 1. Northhaven anticipates expenses of $68,914,808 and has real estate with a total assessed value of $2,856,919,000. Find the tax rate per $1,000 for the year.

2. Find the assessed value of a store with a market value of $150,000 if the rate for assessed value is 35% of market value.

Reference no: EM131629066

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