Julia has a house in a small town. The assessed valuation of a house in...

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Finance

Julia has a house in a small town. The assessed valuation of a house in this town is 40% of its fair market value. The property tax rate is $9.00 per $1000.00. If the fair market value of Julias house is $200,000.00, find:

a- The assessed valuation of Julias house

b- The property tax that Julia should pay.

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