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thebigmeangreen
thebigmeangreen thebigmeangreen
  • 17-03-2017
  • Mathematics
Answered

Station City has a total assessed valuation of $200,000,000. The budget of the city is $5,000,000. What is the tax rate in percent?

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DerpaNerpa
DerpaNerpa DerpaNerpa
  • 17-03-2017

Divide 200k by 5k, assuming that the budget is equal to the tax rate, then 2.5%

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