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A Homeowner's Tax Statement Lists the Following Mill Rates for Various

Question 116

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A homeowner's tax statement lists the following mill rates for various municipal services: A homeowner's tax statement lists the following mill rates for various municipal services:   The homeowner paid $3937.50 in property taxes last year. What is the assessed value of his property? A)  $264,617 B)  $265,509 C)  $461,066 D)  $250,000 E)  $437,500 The homeowner paid $3937.50 in property taxes last year. What is the assessed value of his property?


A) $264,617
B) $265,509
C) $461,066
D) $250,000
E) $437,500

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