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    Practical Business Math Procedures Study Set 2
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    Exam 19: Sales, Excise, and Property Taxes
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    If the Market Value of an Average Home Is $180,000
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If the Market Value of an Average Home Is $180,000

Question 30

Question 30

Multiple Choice

If the market value of an average home is $180,000, and the assessment rate is 35% what is the assessed value?


A) $63,000
B) $51,429
C) $243,000
D) $60,000
E) None of these

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