A condominium is taxed based on its $78,546 value. The tax rate is $3.43 for every $100 of value. If the tax is paid before

Question

A condominium is taxed based on its $78,546 value. The tax rate is $3.43 for every $100 of value. If the tax is paid before March 1, 3% of the normal tax is given as a discount. How much tax is paid if the condominium owner takes advantage of the discount?

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