John and Mary Billings own a condominium with an assesed value of 110000If the tax rate is 25 mills per 1.00 of assessed valuation how much tax do they pay.my Ans-- is A 2750 B 1.840 C 1420 D1200?

To calculate the tax, you multiply the assessed value by the tax rate (in mills). The tax rate of 25 mills means 25/1000, so:

Tax = Assessed Value × Tax Rate = 110,000 × (25/1000) = 110,000 × 0.025 = 2,750.

Thus, the correct answer is A 2750.