SOLUTION: 8. Find the property tax on a house whose market value is $528,000 that is assessed at 20% of the market value. The tax rate is 62.5 mills.

Algebra ->  Finance -> SOLUTION: 8. Find the property tax on a house whose market value is $528,000 that is assessed at 20% of the market value. The tax rate is 62.5 mills.       Log On


   



Question 121477: 8. Find the property tax on a house whose market value is $528,000 that is assessed at 20% of the market value. The tax rate is 62.5 mills.
Answer by checkley71(8403) About Me  (Show Source):
You can put this solution on YOUR website!
528,000*.2*.625=$6,600 IS THE TAX BILL.