John and Mary Billings own a condominium with an assessed value of \$110,000. If the tax rate is 25 mills per \$1.00 of assessed valuation, how much tax do they pay? A. \$1,420 B. \$2,750 C. \$1,200 D. \$1,840
John and Mary Billings own a condominium with an assessed value of \$110,000. If the tax rate is 25 mills per \$1.00 of assessed valuation, the tax they have to pay is \$2,750. SOLUTION: 110,000 X .025 = 2,750.
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Question
Updated 10/25/2020 8:57:13 PM
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John and Mary Billings own a condominium with an assessed value of \$110,000. If the tax rate is 25 mills per \$1.00 of assessed valuation, the tax they have to pay is \$2,750.

SOLUTION:
110,000 X .025 = 2,750.

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