5. Your property is assessed at $65,000 in a community where the assessment ratio is...

90.2K

Verified Solution

Question

Accounting

5. Your property is assessed at $65,000 in a community where the assessment ratio is 52% of value. BAse on this , what is the market value fo the property? 6. A woman buys a lot by paying th back taxes fo the past

4. Years. The tax rate is $21.00 per $1,000 of the assessed value. What did she pay for the lot is the assessed vale of the lot was $12,000.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students