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Business, 26.02.2020 00:16 lovemusic4

Given the following information, compute the property tax rate for the community in percentage terms. Total budget expenditures: $108 million, Total non-property tax income: $50 million, Total assessed value of all properties: $2 billion, Total exemptions: $550 million.
A. 2.5%
B. 4.0%
C. 10.0%
D. 12.0%

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Given the following information, compute the property tax rate for the community in percentage terms...

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