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USE THE FOLLOWING DATA TO ANSWER THE QUESTION

Question 14

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USE THE FOLLOWING DATA TO ANSWER THE QUESTION.
Swamp City contains the following properties:
USE THE FOLLOWING DATA TO ANSWER THE QUESTION. Swamp City contains the following properties:   All property is currently taxed at 3% of assessed value. -What is the average effective tax rate on residential property? A)  .008 B)  .003 C)  .030 D)  None of the above or cannot be calculated from the data given.
All property is currently taxed at 3% of assessed value.
-What is the average effective tax rate on residential property?


A) .008
B) .003
C) .030
D) None of the above or cannot be calculated from the data given.

Correct Answer:

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