BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
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The Greene County tax assessor determined that the market value of the Friedman’s house is $164, 500. The rate of assessment in Greene County is 45% of market value. The tax rate is 42.25 mills. What is the real estate tax on the Friedman’s house?
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$3, 127.56
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$3, 822.57
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$6, 950.13
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$7, 402.50
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Explanation:
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