Respuesta :
To answer this question you will need to calculate what 70% of the value of the house is because this is what the tax is based on.
0.7 x $132000 = $92400 tax basis
They pay $80 per $1000 in tax basis, so $92400 would be 92.4 groups of $1000.
$80 x 92.4 = $7424 in taxes based on an 80 mills tax rate.
0.7 x $132000 = $92400 tax basis
They pay $80 per $1000 in tax basis, so $92400 would be 92.4 groups of $1000.
$80 x 92.4 = $7424 in taxes based on an 80 mills tax rate.
Answer: 7392
Step-by-step explanation:
70% x 132,000 = 92400
92.4 x 80 = 7392
