Question

Find the tax on a dinette with a cash price of $200 that has been reduced by 20% if the tax rate is 6.5%

The taxable value of the property in the tax area is usually referred to as the ? value.
1. taxable
2. assessed

Please help me with these. after these i will be done with my assinment. Thanks Much.

Answer 1

(A) 6.5% x (0.80)x($200) = $10.40

(B) assessed