Ask Question
12 March, 12:27

Shannon wants to calculate her property tax. The market value of the property is $85,000. The assessment rate is 41%. The property tax rate is $46.30 per $1000 of assessed value. Show all work.

+2
Answers (1)
  1. 12 March, 16:08
    0
    Given:

    Market VAlue = 85,000

    Assessed value = 41%

    property tax rate is 46.30 per 1,000 of assessed value.

    85,000 * 41% = 34,850

    34,850 / 1000 = 34.85

    34.85 * 46.30 = 1,614.56

    The property tax to be paid is $1,614.56
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Shannon wants to calculate her property tax. The market value of the property is $85,000. The assessment rate is 41%. The property tax rate ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers