Question: A house located within the city limits has a current market value of $ 3 2 5 , 0 0 0 according to a recent

A house located within the city limits has a current market value of $325,000 according to a recent appraisal. The assessed value from the last county-wide tax valuation is $272,475. The tax rate is $.36 per hundred for the county and $.72 per hundred for the city. What is the total annual property tax liability on the property, rounded to the nearest dollar? A. $1962 B. $2340 C. $2943 D. $3510

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