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4 votes
The municipality of Waterloo needs $915,000 from property tax to meet its budget. The total value of

assessed property in Waterloo is $14,000,000. What is the tax rate per dollar? (Round your answer to the
nearest thousandth.)
A. $.07
B. $.065
C. $.0655
D. $.071

User Mbilyanov
by
8.2k points

1 Answer

1 vote
tax rate per dollar = 915000 ÷ 14000000 = 0.0654 ≈0.065 (nearest thousandths) (Answer B)


User Darkstarone
by
8.2k points
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