Proportionality
Initial explanation
We have that the price of the properties and its tax are related:
price ⇔ tax
STEP 1: setting the relations
We have that $890,000 and its tax $14,240 are related:
$890,000 ⇔ $14,240
We want to find the tax of a property assessed at $410,000. This value and its task are related too:
$410,000 ⇔ ??
Then, we have that:
$410,000 ⇔ ??
$890,000 ⇔ $14,240
STEP 2: rates
If we divide both sides of the equation it will give the same result:
STEP 3: solving the equation
Now we take 14,240 to the left side of the equation to find the tax of the second property:
Solving the operation:
Then, the tax of the second property assessed at $410,000 is $6,560.
Answer: $6,560