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Question : Find the assessed value for the property : 2139049

**MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.**

**Find the assessed value for the property.**

1)

Fair market value: |
$87,000 |

Rate of assessment: |
80% |

A) $ 69,600

B) $ 34,800

C) $ 696,000

D) $ 17,400

2)

Fair market value: |
$159,000 |

Rate of assessment: |
40% |

A) $ 95,400

B) $ 636,000

C) $ 31,800

D) $ 63,600

3)

Fair market value: |
$189,000 |

Rate of assessment: |
85% |

A) $ 160,650

B) $ 28,350

C) $ 1,606,500

D) $ 80,325

4)

Fair market value: |
$2,144,000 |

Rate of assessment: |
80% |

A) $ 857,600

B) $ 428,800

C) $ 1,715,200

D) $ 17,152,000

**Find the tax rate for the area. Round to the nearest tenth of a percent.**

5)

Total tax needed: |
$948,000 |

Total assessed value: |
$148,720,000 |

A) 6.00%

B) 0.5%

C) 0.8%

D) 0.6%

6)

Total tax needed: |
$34,000 |

Total assessed value: |
$4,214,000 |

A) 8.0%

B) 1.0%

C) 0.8%

D) 0.7%

7)

Total tax needed: |
$80,000 |

Total assessed value: |
$9,203,000 |

A) 0.8%

B) 1.1%

C) 0.9%

D) 9.0%

8)

Total tax needed: |
$321,000 |

Total assessed value: |
$53,103,000 |

A) 6.0%

B) 0.5%

C) 0.6%

D) 0.8%

9)

Total tax needed: |
$3,560,000 |

Total assessed value: |
$399,700,000 |

A) 0.1%

B) 11.2%

C) 0.9%

D) 112.3%

**Find the indicated tax rate.**

10) Percent Per $100

6.4%

A) 64.0

B) $ 6.4

C) $ 64.00

D) $ 0.64