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. $1,200 B. $1,420 C. $2,750 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. 110,000 X .025 = 2,750.
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Asked 7/17/2018 8:45:49 AM
Updated 7/21/2020 7:17:43 AM
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