Question: Question 1 8 points Save Answer , Henry plans to build a home with a fair market value of $240,000 in one of two neighboring

Question 1 8 points Save Answer , Henry plans to build a home with a fair market value of $240,000 in one of two neighboring counties. In Smith County, property is assessed at 30% of market value, with a tax rat of 45.6 mills. In Justin County, property is assessed at 58% of market value with a tax rate of 38.5 mills. Fill in the blanks. 1. How much taxes will Henry pay if he builds his house in Smith County? 2. How much taxes will Henry pay if he builds his house in Justin County? 3. Find which county has the lower property tax. county has the lowest property tax 4. Find the annual amount saved if the home is built in that county. Henry will save Moving to the next question prevents changes to this answer. Question 1 of 5 > ch O Ri 39'F Mostly cloudy ~ 11:55 AM 11/23/2021

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