Question: Question 1 & Explain Answer Please Properties in an area are assessed at 50% of their value. The tax tale is $6 per $100 (mill
Question 1 & Explain Answer Please
Properties in an area are assessed at 50% of their value. The tax tale is $6 per $100 (mill rate of 60) What is the annual property tax on a house in this area if the house is valued at $72,000?
A - $600 B - $1,200 C - $2,160 D - $4,320
Question 2
A home warranty offers protection to the buyer of a previously owned home for which of the following?
A - flooding B - losses attributable to poor construction C - damage caused by hail, wind, or other storms D - failure of a major mechanical system or appliance
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