urgent help

Question

The property tax rate for a residential building is 1.025%.

a. What is the property tax amount for a residential property that has an assessed value of $430,000?

 

What is the property tax amount for farmland that has an assessed value of $700,000 if the property tax for farmland is 75% of the tax rate for residential properties.

 

 

Answer 1

a) .01025 x 430000

b) .75 x .01025 x 700000

 

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