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Mathematics 7 Online
OpenStudy (anonymous):

The Myers owned a house assessed at $54,000 and taxed at a tax rate of 18 mills. How much is their annual property tax?

jimthompson5910 (jim_thompson5910):

When they say 18 mills, that just means you're multiplying the value of the home by 18/1000 to get (18/1000)*54000 (0.018)*54000 972 which is the annual property tax

OpenStudy (anonymous):

Thank you! That makes sense. :)

jimthompson5910 (jim_thompson5910):

yw

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