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MMLU-Pro / 543 / Mrs. Valdez pays a property tax of 2.432 percent on her home. In addition, a…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Mrs. Valdez pays a property tax of 2.432 percent on her home. In addition, a collection fee of 1% of the tax is charged. If the total charge on her home was $70.62, what is its assessed valuation?

category

business

options

  1. $3,000
  2. $3,150
  3. $3,250
  4. $3,500
  5. $2,875
  6. $2,500
  7. $2,750
  8. $2,600
  9. $2,950
  10. $3,100

src

stemez-Business

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