Question

The annual property tax rate is 1.103 per $100 . find the annual property tax of 83,000

Answer 1

We are given that the annual property tax rate is 1.103 per $100.

We are asked to find the annual property tax of 83,000​.

Here we simply need to multiply the rate of annual property tax with the given amount.

The rate of annual property tax is

`(1.103)/(100)`

Now multiply the rate with the given amount

`(1.103)/(100)*83,000=\$915.49`

Therefore, the annual property tax of 83,000​ is found to be $915.49.