Chapter1: Equations, Inequalities, And Mathematical Modeling
Section1.3: Modeling With Linear Equations
Problem 3ECP: Your family has annual loan payments equal to 28 of its annual income. During theyear, the loan...
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Calculate the property tax rate required to meet the the budgetary demands of the community. Note : when calculating budgetary demands , always round up.
( round your answers to two decimals)
Community: Ellingham
Total assessed property valuation : $52,000,000
Total taxes required: $2,300,000
Property tax rate : What is the percent? Per $100 ( in $) ? Per $1000 ( in $) ? Mills?
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