In: Finance
Find the property tax. Round to the nearest cent. Assessed value Tax rate $79,200 $7.10 per $100 Select one: a. $ 5623.20 b. $ 1115.49 c. $ 11,154.93 d. $ 562.32
Here assessed value = $79,200
tax rate = 7.10%
So property tax = assessed value* tax rate
= 79200*7.10%
=$5623.20