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Ian's house and land have a market price of $225,000 and an assessed value of 55% of that amount. His state has a property tax rate of 0. 88. How much does Ian pay in property tax every year? a. $19,800 b. $18,900 c. $10,890 d. $8,910

Sagot :

The amount that'll be paid as property tax yearly will be $10890.

  • Market price = $225000
  • Property tax rate = 0.088
  • Assessed value = 55%

The amount that'll be paid in property tax will be:

= $225000 × 55% × 0.088

= $10890

Learn more about tax on:

https://brainly.com/question/25801574

Answer:

10890

Explanation:

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