The County of Blue Needs $800,000 from Property Tax to Meet

Multiple Choice

The county of Blue needs $800,000 from property tax to meet its budget requirements. The total value of assessed property in Blue is $140,000,000. The tax rate of Blue in mills to nearest hundredth is (be sure to round the tax rate to the nearest hundred thousandth before converting to mills) :

A) 5.71
B) 57.24
C) 571.24
D) 17.50
E) None of these