Question

Jevon Noda's home has a market value of $72,000, the rate of

assessment is 30%, and the tax rate is 85.50 mills.

Answer 1

If you need the assessed value 452,000

Explanation:

Market Value×Rate of Assessment
Find the real estate tax.
Assessed Value×(Mills÷1000)
452,489 to the nearest thousand is 452,000