Solved

Mr LeClair and Ms

Question 414

Short Answer

Mr. LeClair and Ms. Bartoli own adjacent hobby farms. They have just received their property tax bills for the current year. Mr. LeClair's property tax is $1,935 on a residence assessed at $200,000 and land with farm buildings assessed at $150,000. Ms. Bartoli's tax is $1,887 on her residence assessed at $175,000 and land with farm buildings assessed at $190,000. The regional government applies one tax rate to residences, and a lower tax rate to land with farm buildings. What are these property tax rates (expressed in percent to the nearest 0.01%)?

Correct Answer:

verifed

Verified

0.72% on r...

View Answer

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

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents