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16. "Amilyar" or Real Property Tax is calculated using Expression: the fair market value multiplied by the class' assessment level (2%). The Fair market value of Mang Do's property is estimated at P 534,012. How Solution: much is he going to prepare for the first payment of his taxes if he opted to settle in four equal installments (per quarter)?

SDG 9: Industry, Innovation, and Infrastructure (Real Property Tax)

Expression:

Solution:

Final Answer:​​