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    Exam 19: Sales, Excise, and Property Taxes
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    A Home with a Market Value of $240,000 Is Assessed
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A Home with a Market Value of $240,000 Is Assessed

Question 97

Question 97

Multiple Choice

A home with a market value of $240,000 is assessed at 40% of the market value. The assessed value is:


A) $144,000
B) $96,000
C) $69,000
D) $9,600
E) None of these

Correct Answer:

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