Vervet County levies a real property tax based on the following schedule. Which of the following statements is false?
A)If Mr.Clem owns real property valued at $112,500,his average tax rate is 3%.
B)If Ms.Barker owns real property valued at $455,650,her average tax rate is 2.1%.
C)If Ms.Lumley owns real property valued at $750,000,her marginal tax rate is 1%.
D)None of the choices are false.

Question

Vervet County levies a real property tax based on the following schedule.  Which of the following statements is false?
A)If Mr.Clem owns real property valued at $112,500,his average tax rate is 3%. 
B)If Ms.Barker owns real property valued at $455,650,her average tax rate is 2.1%. 
C)If Ms.Lumley owns real property valued at $750,000,her marginal tax rate is 1%. 
D)None of the choices are false.

Quizplus · Accepted Answer

The Answer of Vervet County levies a real property tax based on the following schedule.  Which of the following statements is false?
A)If Mr.Clem owns real property valued at $112,500,his average tax rate is 3%. 
B)If Ms.Barker owns real property valued at $455,650,her average tax rate is 2.1%. 
C)If Ms.Lumley owns real property valued at $750,000,her marginal tax rate is 1%. 
D)None of the choices are false.

Vervet County Levies a Real Property Tax Based on the Following