Multiple Choice
The municipality of Waterloo needs $915,000 from property tax to meet its budget. The total value of assessed property in Waterloo is $14,000,000. What is the tax rate per dollar (round to nearest thousandths) ?
A) $.071
B) $.07
C) $.0655
D) $.065
E) None of these
Correct Answer:
Verified
Correct Answer:
Verified
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