What property tax can the smiths expect to pay


Question: The Smiths wish to purchase a larger house to accommodate their growing family. The current year's property tax on their home amounts to $3658 based on its assessed value of $425,000. The assessed value of a property they are seriously considering is $572,000. What property tax can the Smiths expect to pay on this home if property taxes are in the same ratio as assessed values?

 

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