Question: Ms Corey earned only Earned $ 4 5 0 0 on an exclusive sell At 5 % because the owner of the property agreed with

Ms Corey earned only Earned $

4500

on an exclusive sell At

5 %

because the owner of the property agreed with the seller to sell at a

10 %

below the price of appraisal. When the buyer went to the municipal revenues collection center he found that the value of the property was

80 %

from the price of appraisal and that he had no rights to an Exoneration or an exemption. How much is the annual tax that needs to be paid to the municipal revenue collection center if the contributory rate is at

8.05 %

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