Leo's townhouse has a market value of $310,000. The property in Leo's area is assessed at 40% of the market value. The tax rate is $145.10 per $1,000 of assessed valuation. The tax for Leo is



The market value of townhouse is $310,000.
The property is assessed at 40% of market value.
The assessed value of the property is calculated below:
The tax rate per $1,000 assessed value is $145.10...
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