Question

Anna has a house with a market value of $128,000 if the assessment rate is 40% of the tax rate per $100 is $2.35 how much will she owe annually in real estate tax,to the nearest cent?

$1,718.62
$1,203.20
$1,438.20
$515.42

Answer 1

2.35/100=x/128000
Solve for x
X=3008
Then
3008×0.40=1203.2

Answer 2

$1203.20

Explanation:

Given : Anna has a house with a market value of $128,000

To Find: If the assessment rate is 40% of the tax rate per $100 is $2.35 how much will she owe annually in real estate tax,to the nearest cent?

Solution:

We are supposed to find the assessment rate is 40% of the tax rate per $100 is $2.35 how much will she owe annually in real estate tax,to the nearest cent.

A.T.Q

`(2.35)/(100) =(x)/(128000)`

`(2.35)/(100)* 128000 =x`

`3008 =x`

Now we are given that the assessment rate is 40% of the tax rate .

So. 40% of 3008 =
`(4)/(100) * 3008=1203.20`

Hence she will owe $1203.20 annually in real estate tax,to the nearest cent.