Given a Tax Rate of

question 48

Multiple Choice

Given a tax rate of $.8231 and total property tax due of $12,510, the total assessed valuation rounded to the nearest dollar is:

• A) $1,519
• B) $150,199
• C) $15,199
• D) $5,199
• E) None of these

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Definitions:

Emancipated

The status of a minor who has received legal independence from parental control, often through a court process.

Unmarried Minor

An individual under the legal age of adulthood who is not legally married.

Paternity

The state of being a father; legally, it refers to the establishment of a man's identity as the biological father of a child.

iPhones

A brand of smartphones designed and marketed by Apple Inc., powered by the iOS mobile operating system.