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27 September, 20:12

The tax on a property with an assessed value of $ 68 comma 000 is $ 550. Using a proportion, find the tax on a property with an assessed value of $ 123 comma 000.

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  1. 27 September, 23:33
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    The answer is $994.85

    Explanation:

    This can be calculated using the proportion method.

    Unit $ worth of the property costs = $550 / $68,000 = 0.008088

    $123,000 worth of property costs = 0.008088 * $123,000 = $994.85
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