500
A person owns a car, truck, boat, trailer, and house. The car has a market value of $10,000; the truck has a market value of $40,000; the boat has a market value of $4,000. There is an effective tax rate of 9% on all vehicles. There is a $300 tax credit for each vehicle. The trailer is assessed at $600 and the house is assessed at $70,000. There is a tax exemption of 10% up to $8,000 on the house. The tax rate is 75 mills. What is the total property tax?
$8,730