Vervet County levies a real property tax based on the following schedule. $$\begin{array} { | c | c | }
\hline \text { Rate } & \text { Arered vahe } \
\hline 3 \% & \$ - 0 \text { - to } \$ 250,000 \
\hline + 1 \% & \$ 250,001 \text { ard above } \
\hline
\end{array}$$ Bilex Inc. owns real property valued at $629,800. Compute Bilex's tax on this property.

Question

Vervet County levies a real property tax based on the following schedule. $$\begin{array} { | c | c | } 
\hline \text { Rate } & \text { Arered vahe } \
\hline 3 \% & \$ - 0 \text { - to } \$ 250,000 \
\hline + 1 \% & \$ 250,001 \text { ard above } \
\hline
\end{array}$$ Bilex Inc. owns real property valued at $629,800. Compute Bilex's tax on this property.

Quizplus · Accepted Answer

The Answer of Vervet County levies a real property tax based on the following schedule. $$\begin{array} { | c | c | } 
\hline \text { Rate } & \text { Arered vahe } \
\hline 3 \% & \$ - 0 \text { - to } \$ 250,000 \
\hline + 1 \% & \$ 250,001 \text { ard above } \
\hline
\end{array}$$ Bilex Inc. owns real property valued at $629,800. Compute Bilex's tax on this property.

Vervet County Levies a Real Property Tax Based on the Following