Real Estate Math
A Wisconsin property owner receives a tax bill showing assessed value of $135,000 and a mill rate of 28. What is the annual property tax?
A$3,240
B$3,570
C$3,780✓ Correct
D$4,050
Explanation
Tax = $135,000 × 28/1,000 = $135,000 × 0.028 = $3,780.
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