The market value of Christine and Gene's home is $275,000. The assessed value is $230,000. The annul

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The market value of Christine and Gene's home is $275,000. The assessed value is $230,000. The annul property tax rate is $17.50 per $1,000 assessed value.
a. What is the property tax on their home?
b. How much do they pay monthly toward property taxes? Round your answer to the nearest cent.
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