New Hampshire ranks as the #1 most expensive state for property taxes. The median 2017 property tax was $8,161. If the 2019 rate is $5.74 per $100 of assessed value, how much does a homeowner owe for a property assessed at $131,600? (Round your answer to the nearest cent.) Property tax

Income Tax Fundamentals 2020
38th Edition
ISBN:9780357391129
Author:WHITTENBURG
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Chapter5: Deductions For And From Agi
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New Hampshire ranks as the #1 most expensive state for property taxes. The median 2017 property tax was $8,161. If the 2019 rate is
$5.74 per $100 of assessed value, how much does a homeowner owe for a property assessed at $131,600? (Round your answer to
the nearest cent.)
Property tax
Transcribed Image Text:New Hampshire ranks as the #1 most expensive state for property taxes. The median 2017 property tax was $8,161. If the 2019 rate is $5.74 per $100 of assessed value, how much does a homeowner owe for a property assessed at $131,600? (Round your answer to the nearest cent.) Property tax
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