SOLUTION: All property tax in Wyoming is based on the assessed value of the property being taxed. For county revenue, the tax rate cannot exceed 1.5% of the assessed value. Suppose that the

SOLUTION: All property tax in Wyoming is based on the assessed value of the property being taxed. For county revenue, the tax rate cannot exceed 1.5% of the assessed value. Suppose that the

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Question 417082: All property tax in Wyoming is based on the assessed value of the property being taxed. For county revenue, the tax rate cannot exceed 1.5% of the assessed value. Suppose that the assessed value of a hotel is $113,000 and the tax rate is 1.5%. What is the property tax?
Property tax: $
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
113000*0.015=1695.00
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