menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Practical Business Math Procedures Study Set 2
  4. Exam
    Exam 19: Sales, Excise, and Property Taxes
  5. Question
    Frank Smith Pays a Property Tax of $2,200
Solved

Frank Smith Pays a Property Tax of $2,200

Question 33

Question 33

Short Answer

Frank Smith pays a property tax of $2,200. The current tax rate is 48 mills. What is Smith's assessed value? (Round to the nearest dollar.)

Correct Answer:

verifed

Verified

$2,200 / ....

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q28: Alfred Slide owns a toy store in

Q29: Becky bought a new Apple computer for

Q30: If the market value of an average

Q31: Calculate the total purchase price, given:<br>

Q32: Which of the following are examples of

Q34: Complete (express answers to nearest hundredth):<br>

Q35: The tax rate of $0.6943 in decimal

Q36: The market value of a home is

Q37: Al's Garage has a market value of

Q38: Sales tax is taken on:<br>A)Trade discounts<br>B)Cash discounts<br>C)Shipping

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines