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The market value of a property is $145,000. The assessment rate is 37%. The property tax rate is $62.50 per $1,000 of assessed value. What is the property tax?
The property tax is $3,353.125. ($62.50 / $1,000) * (37/100) * $145,000 = $3,353.125
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Expert answered|andrewpallarca|Points 14667|
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Asked 9/23/2012 1:31:02 PM
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