You own a home with a market value of $100,000. You bought the home for $150,000 ten

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You own a home with a market value of $100,000. You bought the home for $150,000 ten years ago. Your house's assessed value is $85,000. Your property tax rate is 3.5%.

How much would you save per year if you moved to an area with a 2.7% property tax?

Related Book For answer-question

Basic Finance An Introduction to Financial Institutions Investments and Management

ISBN: 978-1111820633

10th edition

Authors: Herbert B. Mayo

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Posted Date: Apr 05, 2023 12:19 AM

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You own a home with a market value of $100,000. You bought the home for $150,000 ten

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To calculate how much you would save per year by moving to an area with a lower property tax rate we ... View the full answer

Basic Finance An Introduction to Financial Institutions Investments and Management

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