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How much property tax will balford pay the year

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Question 1: The Balford Corp. is located in an area in which assessed valuation is 75% of market value. The tax rate this year is 3.2%. The market value of Balford's property is $645,000. How much property tax will Balford pay this year? Enter your answers rounded to the nearest cent.

Reference no: EM132488074

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