Answer:
Amount of property tax for a $141,300 house with millage rate in an area 12.43 mills is $1756.36.
Step-by-step explanation:
A millage rate is the tax rate used to calculate local property taxes . It represents the amount per every $1,000 of a property's assessed value.
We have, 12.43 mills (12.43/1000 ) as millage rate i.e. which means for every $1,000 assessed value, $12.43 in property taxes is due.
∴ Homeowner owes : $141,300 × ( 12.43/1000 ) = $1756.36 property tax.
Answer:
1756.359
Step-by-step explanation:
the guy above is correct he just rounded it, don't round the answer.
