Mathematics, 21.04.2020 18:59 debramknoxx

The rate of assessment in Foster, Rhode Island, is 50%, and the tax rate is 11.29 mills of the assessed value. What is the real estate tax on a piece of property that has a market value of $236,000?

Find the assessed value.

Market Value×Rate of Assessment
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Find the real estate tax.
Assessed Value×(Mills÷1000)
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