Calculate the assessed value (in $) and the property tax due (in $) on the property. (Round your answers to the nearest cent.) Fair Market Assessment Assessed Property Tax Rate Property Tax Due Value Rate Value $342,900 74 2$ 5.1%

SWFT Comprehensive Vol 2020
43rd Edition
ISBN:9780357391723
Author:Maloney
Publisher:Maloney
Chapter24: Multistate Corporate Taxation
Section: Chapter Questions
Problem 32P
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Calculate the assessed value (in $) and the property tax due (in $) on the
property. (Round your answers to the nearest cent.)
Fair Market
Assessment
Assessed
Property
Tax Rate
Property
Value
Rate
Value
Tax Due
$342,900
74
5.1%
$
Transcribed Image Text:Calculate the assessed value (in $) and the property tax due (in $) on the property. (Round your answers to the nearest cent.) Fair Market Assessment Assessed Property Tax Rate Property Value Rate Value Tax Due $342,900 74 5.1% $
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