Solve the problem. Round to the nearest tenth of a cent when necessary.Find the tax rate expressed as tax per $1 of assessed value in a municipality that has budgeted expenses of $5,980,000 and has property assessed at $410,940,000.
A. 68.72 cents per $1 assessed value
B. 1.46 cents per $1 assessed value
C. 6.87 cents per $1 assessed value
D. 0.15 cents per $1 assessed value
Answer: B
Mathematics
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