help with business math

Business & Finance
Tutor: None Selected Time limit: 1 Day

the dixon county tax assessor states that the market value of the sitlow estate is $625000. the rate of assessment in dixon county is 30% of the market value. the tax rate is 50 mills. wht is the anual real estate tax on the sitlow estate?

Apr 22nd, 2015

the assessment = 30% *625,000 =  187500

tax = 187500*50/1000= $ 9375

Apr 22nd, 2015

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Apr 22nd, 2015
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