Calculate the apporpriate tax rate if the property tax, Financial Management

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Calculate the apporpriate tax rate if the property tax

Calculate the apporpriate tax rate if the property tax revenue needed by the government is $25,000,000 and the total assessed value of a community is $500,000,000. Please show how to solve.

A. What is the Tax Rate %?

B. What is the tax rate per $100 of assessed value?

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Financial Management: Calculate the apporpriate tax rate if the property tax

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Financial Management: Calculate the apporpriate tax rate if the property tax

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