Question: PLEASE ANSWER ALL Blunt County needs $860,000 from property tax to meet its budget. The total value of assessed property in Blunt is $118,000,000. What

PLEASE ANSWER ALL

Blunt County needs $860,000 from property tax to meet its budget. The total value of assessed property in Blunt is $118,000,000.

What is the tax rate of Blunt? (Round your intermediate calculations to the nearest ten thousandth and final answer to 1 decimal place.)

Tax rate mills

Calculate the assessed value of the piece of property:

Assessment rate Market value Assessed value
80% $195,000 $

Calculate the following:

Retail selling price Sales tax (6%) Excise tax (10%) Total price including taxes
$3,500 (Click to select)+- $ (Click to select)-+ $ $

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