Multiple Choice
Mike's condo has a market value of $310,000. The property in Mike's area is assessed at 40% of the market value. The tax rate is $145.10 per $1,000 of assessed valuation. The tax for Mike is:
A) $16,992.40
B) $7,999.30
C) $7,999.40
D) $17,992.40
E) None of these
Correct Answer:
Verified
Correct Answer:
Verified
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