Answer:
Annual tax bill of Ashley = $2,354
Step-by-step explanation:
Given:
Market value of house = $135,000
Assessed value of house = $110,000
County's tax rate = $21.40 per $1,000
Find:
Annual tax bill of Ashley
Computation:
Annual tax bill of Ashley = [Assessed value of house / 1,000 ]21.40
Annual tax bill of Ashley = [110,000 / 1,000 ]21.40
Annual tax bill of Ashley = [110]21.40
Annual tax bill of Ashley = $2,354
