Real estate taxes for commercial property in your town are $11 per $1,000 assessed value. You plan on buying a rundown property for $2

Question

Real estate taxes for commercial property in your town are $11 per $1,000 assessed value. You plan on buying a
rundown property for $200,000 and putting in $300,000 in improvements. Which of the following is the best estimate of your yearly real
estate taxes?

Answer Choices:
a) $2.000
b) $3,000
C) $5,500
d) $11,000

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Acacia 3 years 2021-08-06T18:30:57+00:00 1 Answers 18 views 0

Answers ( )

  1. Verity
    0
    2021-08-06T18:32:02+00:00
    Reply

    Answer:

    D

    Step-by-step explanation:

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