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ASVAB · Question #81

ASVAB Question #81: Real Exam Question with Answer & Explanation

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Question

In Hendricks on Township, houses are assessed at 80% of the purchase price. If Mr. Thomas buys a house in Hendricks on for $120,000 and rea estate taxes are $4.75 per $100 of assessed valuation, how much property tax must he pay per year?

Options

  • A$3,648
  • B$5,472
  • C$4,560
  • D$4,845

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