Real Estate Math
A Nebraska property is assessed at 90% of its $350,000 market value. The mill rate is 21 mills. What is the quarterly tax payment?
A$1,653.75✓ Correct
B$1,750.00
C$1,860.00
D$1,460.00
Explanation
Assessed = $350,000 × 0.90 = $315,000.
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