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10-09-2022
Mathematics

Answered

In Chicago, the assessed value of a house is calculated by taking 60% of its current market value. The property tax is calculated by taking 3.9% of the assessment value. What would the property tax be on a house that has a market value of $420,000?
A. $9,828
B. $98,280
C. $982.80
D. $98.28
E. None Of The Above

Answer :

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