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Bill Shass Pays a Property Tax of $5,800

Question 50

Multiple Choice

Bill Shass pays a property tax of $5,800. In his community, the tax rate is 48 mills. Bill's assessed valuation to the nearest dollar is:


A) $278,400
B) $120,338
C) $278,004
D) $120,833
E) None of these

Correct Answer:

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