Part 1: A city has an annual budget of $350,000,000. The assessed value of all...
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Accounting
Part 1: A city has an annual budget of $350,000,000. The assessed value of all the property in the city is $70,000,000,000. Express the tax rate as a percentage. 1. .5 % Express the tax rate as an amount per C. 2. per C Express the tax rate as an amount per M. 3. per M Express the tax rate in mills. 4. mills Part 2: A city has an annual budget of $945,000,000. The assessed value of all the property in the city is $90,000,000,000. Express the tax rate as a percentage. 5. Express the tax rate as an amount per C. 6. $ per C Express the tax rate as an amount per M. 7. es per M 8. mills Express the tax rate in mills

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