courtneyronald
New member
- Joined
- Jun 27, 2011
- Messages
- 1
Perez, Inc., is headquartered in an area in which assessed valuation is 80% of market value. The tax rate this year is $1.40 on each $100 of assessed valuation. Its property has a market value of $320,000. How much property tax will Perez pay this year? I don't understand this question at all!!! Please help!!!!