Susan's property is assessed at $97,500. The property tax rate in her city is 3.05%.

Question

Mathematics

Jeremy Heath

23 October, 17:53

Susan's property is assessed at $97,500. The property tax rate in her city is 3.05%.

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Answers (1)

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Coleman Wilkerson · Answer 1

In this item, I think we are asked to determine the amount that Susan should pay for the tax of her assets. To answer this item, we simply have to multiply the given property value with the decimal equivalent of the percentage given.

property tax = ($97,500) x (0.0305)

property tax = $2973.75