The Total Assessed Property Value in Frametown Is $77,000,500

question 113

Multiple Choice

The total assessed property value in Frametown is $77,000,500. Budget planners have determined that $5,140,900 will be required to provide all government services next year. What tax rate is required to meet the budgetary demands? (Express your answer as a tax rate per $1,000 and round to the nearest hundredth)

• A) $6.62
• B) $6.66
• C) $66.76
• D) $667.60

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