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1 QUESTION WILL FAN AND MEDAL 1)The assessed value of Patty's residential property was $200,000 in 2004. In 2006, the assessed value increased to $225,000. The property tax rate in both years was 1.2%. Patty earned $60,000 each year. A) How much more did Patty have to pay for her property tax in 2006 than in 2004? B) And What percentage of her income did Patty pay in property taxes each year?
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