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Novosadov [1.4K]
3 years ago
14

The Vacaville tax assessor determined that the market value of the Perry’s house is $132,000. The rate of assessment in Vacavill

e is 50% of market value. The tax rate is 48.75 mills. What is the real estate tax on the Perry’s house?
1 point
$32.18
$321.75
$3217.50
$6435.00
Mathematics
1 answer:
Oksanka [162]3 years ago
5 0

Answer:

  $3217.50

Step-by-step explanation:

The tax is computed as ...

  ($132,000)(1/2)(48.75/1000) = 66·48.75 = 3217.50

The real estate tax on the Perry's house is $3217.50.

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