Calculate the assessed value ( in $) and the property tax (in$) on the property. Fair market value : $296,000 Assessed rate : 80 Property tax rate : $25.80 per $1000 What is the assessed value ? What is the property tax due?

Elementary Algebra
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ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
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Chapter3: Math Models
Section3.2: Solve Percent Applications
Problem 3.43TI: Sean’s new car loan statement said he would pay $4,866.25 in interest from an interest rate of 8.5%...
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Calculate the assessed value ( in $) and the property tax (in$) on the property. Fair market value : $296,000 Assessed rate : 80 Property tax rate : $25.80 per $1000 What is the assessed value ? What is the property tax due?
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