Mathematics, 12.03.2020 20:20 Meluuu

Mill rate is the tax that is applied to the assessed value of a real estate value of a real estate property by a municipality. Your tax is calculated by multiplying the mill rate by the assessed value of a property and diving by 1,000. If your towns mill rate is 8 and your assessed home value is $188,000, how much will your town tax be?

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