Answer:
c. 1,417
Step-by-step explanation:
200,000 (8.5%) = 17,000
17,000 / 12 = 1,416.67 or 1,417
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By Completing the Square,
Since the first tern is at most zero, the maximum value occurs when
The required a) assessed value = $21600, b) tax rate = 0.0855, c) real estate tax = $1836.
Cost price is that price for buyer which he pays to seller for an object or product.
a) assessed value = 72000 x 30/100 = $21600b) tax rate = 85.5/1000 = 0.0855c) real estate tax = 0.855 x 21600 = $ 1836
Thus, the required values of a) assessed value, b) tax rate as a decimal, and c) real estate tax is $21600, 0.085 and $1836 respectively.
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Answer: 117/40 or 2.925