If Inga Ingerton's property, valued at $35,000, is assessed at 40% of its value, and the mill levy is 83, then what is Inga's an

Question

2 years ago

11

nual tax on this property?

1 answer:

Pavel [41] · Answer 1 · 2022-04-19T03:08:39+03:00

Pavel [41]2 years ago

3 0

Answer:

Annual tax = $ 1162

Step-by-step explanation:

Property value = $35000

To calculate annual tax:

Assessed value = $35000 * 0.40

= $ 14000

annual tax on assessed value:

Annual tax = $14000 *0.083

= $1162