If the tax payable is $8000 for 8 months at rate of 16% then annual value of real estate property is

If the tax payable is $8000 for 8 months at rate of 16% then annual v

1.	If the tax payable is $8000 for 8 months at rate of 16% then annual value of real estate property is
A.	$85,000
B.	$75,000
C.	$78,000
D.	$89,000
Answer» C. $78,000