Business Finance
posted by Renee .
Pete's Warehouse has a market value of $5,000,000. The property in Pete's area is assessed at 40% of the market value. The tax rate of $105.10 per $1000 of assessed value. What is Pete's property tax?
Respond to this Question
Similar Questions

statistics
A building has a market value of $229,000.00. If it is assessed at 50% of market value and the tax rate is 40 mills, find the property tax. I got 4,580 
business math
Pete's warehouse has a market value of $5,000,000, the property in Pete's area is assessed at 40%of the market value. the tax rate is $105.10 per $1,000 of assessed value. what is Pete's property tax? 
business math
Pete’s Warehouse has a market value of $5,000,000. The property in Pete’s area is assessed at 40% of the market value. The tax rate is $105.10 per $1,000 of assessed value. What is Pete’s property tax? 
finance
Knight has a property tax base with an appraised value consisting of $142,000,000 of taxable real property and $78,000,000 of taxable personal property. The assessment ratio is 50%. Exemptions for the elderly reduce assessed value … 
Math
A residential property is assessed for tax purposes at 40% of its market value. The residential property tax is 3 1/3% of the assessed value and the tax is $1200. a)What is the assessed value of the property? 
Math  Need urgent help!
A residential property is assessed for tax purposes at 40% of its market value. The residential property tax is 3 1/3% of the assessed value and the tax is $1200. a)What is the assessed value of the property? 
Real Estate Finance
A home is valued at $175,000. Property in the area is assessed at 35% of its value, and the local tax rate is $3.85 per $100. What is the amount of annual tax paid on the home? 
Math
Ms Perez owns 2 properties in different towns. The 1st property is assessed at $125,000 and has a tax rate of $6.35 per 1000 dollars. The 2nd property has the same assessed value, but is taxed at the rate of $0.00587 per dollar. Derive … 
Math
1. An assessment rate is 47%. The property tax is $39.94 per $1,000. What is the effective tax rate? 
Math
The municipality of Waterloo needs $915,000 from property tax to meet its budget. The total value of assessed property in Waterloo is $14,000,000. What is the tax rate per dollar?