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If you paid $1600 in property taxes on a house appraised at $80,000 what is the property tax rate in your neighborhood?
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If you paid $1600 in property taxes on a house appraised at $80,000 what is the property tax rate in your neighborhood?

User Vranvs
by
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1 Answer

1 vote

Answer: 2%

Explanation:

1600/80000. Simplifying by 100:

16/800. Simplifying by 8, comes to:

2/100 = 2%

User Ftl
by
4.8k points
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