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If the Total of All Assessed Values Rises by 5

Question 105

Multiple Choice

If the total of all assessed values rises by 5% over the current assessment, at what value must next year's mill rate be set?


A) 8.6903
B) 8.2923
C) 7.9923
D) 9.7684
E) 8.3906
Fred is paid an annual salary of $45,800 on a biweekly schedule for a 40-hour work week and 26 biweekly periods per year.

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