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Bill Shass pays a property tax of $3,200. In his community, the tax rate is 51 mills. What is Bill’s assessed value? (Round your answer to the nearest dollar amount. Omit the "$" sign in your response.)
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A 51 mill rate is 5. 1% of the assessed value, assuming there is no exemption. The assessed property value is therefore 3200/0. 051 = 62,745.
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