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SAT Math Practice Exam

Category - Mathematics - Medium

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The town of Mayville taxes property at a rate of $42 for each $1,000 of estimated value. What is the estimated value of a property on which the owner owes $5,250 in property tax?

$42,000
$47,250
$125,000
$220,500
$5,250,000

Explanation

Answer: C - $125,000

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