Sergei Owns Some Property That Has an Assessed Value of $242,675

question 10

Multiple Choice

Sergei owns some property that has an assessed value of $242,675. Calculate the tax due if the tax rate is 51.50 mills. (Round your answer to the nearest cent if necessary)

• A) $12,497.76
• B) $11,592.10
• C) $1,249.78
• D) $11,584.97

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Definitions:

Automobile Dealer

A business entity that sells new or used cars at the retail level, typically based on a dealership contract with an automaker.

Prospect's Meaning

The understanding or interpretation a prospective buyer has of a product, service, or message conveyed by the salesperson.

Redirect Question

A question that guides the prospect back to selling points that both parties agree on.

Direct Question

A straightforward inquiry designed to elicit a specific answer from the recipient, often used in interviews and surveys.