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The Building of Jim's Hardware Is Assessed at $109,000

Question 75

Multiple Choice

The building of Jim's Hardware is assessed at $109,000. The tax rate is $86.95 per $1,000 of assessed valuation. The tax due is:

A) $9,477.55
B) $947.75
C) $8,695.45
D) $8,659.54
E) None of these

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