SOLUTION: Property valued at $18,000 is assessed for 1/3 of its value. If the property tax $3 per $100 of assessed value per year, what is the yearly property tax bill?

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Question 21771: Property valued at $18,000 is assessed for 1/3 of its value. If the property tax $3 per $100 of assessed value per year, what is the yearly property tax bill?
Answer by wuwei96815(245) About Me  (Show Source):
You can put this solution on YOUR website!
$18,000 x 1/3 = $6,000

$6,000 x $3/$100 = $180

Does that look right?