The Joseph family took out a $175,000, 25-year mortgage at an APR of 4%. The assessed value
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The Joseph family took out a $175,000, 25-year mortgage at an APR of 4%. The assessed value of their house is $9,000. The annual property tax rate is 97.22% of assessed value. What is the annual property tax?
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Related Book For 
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
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