Bill Shass pays a property tax of $2,000. In his community, the tax rate is 50 mills. What is Bill's assessed value? Note: Do not round intermediate calculations. Assessed value
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- Melodie's taxable income is $39,000 and she pays income tax of $4,489. If Melodie's taxable income increases to $41,000, she would pay income taxes of $4,884. What is Melodie's marginal tax rate? 19.75 22.00 18.50 12.00 Some other amountBill Blake pays a property tax of $2,500. In his community, the tax rate is 55 mills. What is Bill's assessed value? Round to the nearest dollar.The home of Bill Burton is assessed at $93,000. The tax rate is 18.7 mills. What is the tax on Bill's home? Note: Do not round intermediate calculations. Round your answer to the nearest cent. Property tax
- Bill Shass pays a property tax of $3,200. In his community, the tax rate is 50 mills. What is Bill’s assessed value? (Do not round intermediate calculations.)Sergei owns some property that has an assessed value of $242,675. Calculate the tax due if the tax rate is 51.50 mills. (Round your answer to the nearest cent if necessary)Will owns some property that has an assessed value of $36,592. Calculate the tax due if the tax rate is 63.10 mills. (Round your answer to the nearest cent.) A.$2,195.52 B. $2,305.30 C. $2,308.96 D. $2,561.44
- Suppose Ms. Heiter's property has an assessed value of $230,000. She originally paid $60.000 to purchase the land and paid $120,000 to build the structure on it. The property tax rate in Ms. Heiter's municipality is 4 percent. What does Ms. Heiter owe in property taxes annually? NOTE Please enter your numeric answer below, rounded to the nearest dollar. Do not enter the dollar sign or any commas.The home of Bill Burton is assessed at $80,000. The tax rate is 18.50 mills. What is the tax on Bill's home:Carl owns property with an assessed value of $72,450. If the tax rate is 6.82% of the assessed value, how much tax does Carl owe? (Round your answer to the nearest cent if necessary)
- Ossie owns some property which has an assessed value of $174,800. Find the tax due if the tax rate is $8.88 per $100 of the assessed value. (Round your answer to the nearest cent.) A. $1,552.22 B. $13,809.20 C. $15,382.40 D. $15,522.24es Chuck, a single taxpayer, earns $77,800 in taxable income and $11,500 in interest from an investment in City of Heflin bonds. (Use the U.S tax rate schedule.) Required: a. How much federal tax will he owe? b. What is his average tax rate? c. What is his effective tax rate? d. What is his current marginal tax rate? Complete this question by entering your answers in the tabs below. Required A Required B Federal tax Required C How much federal tax will he owe? Note: Do not round intermediate calculations. Round "Federal tax" to nearest whole dollar amount. $ Required D 12,424Chuck, a single taxpayer, earns $75,000 in taxable income and $10,000 in interest from an investment in City of Heflin bonds. (Use the U.S tax rate schedule.) Required: a. How much federal tax will he owe? b. What is his average tax rate? c. What is his effective tax rate? d. What is his current marginal tax rate? Complete this question by entering your answers in the tabs below. Req A Req B Req C Req D How much federal tax will he owe? (Do not round intermediate calculations. Round "Federal tax" to nearest whole dollar amount.) Federal tax