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3 years ago

9

A property was assessed at 25% of value with a tax rate of $12 per hundred. if the taxes totaled $11,400, what was the value? 1

$95,000

1 answer:

shusha [124]3 years ago

4 0

11400 ÷12 = 950 hundreds

95000 x 100/25 = $380,000 <== value of the property

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