Question

a house is assessed for $220,00. If a tax rate is $3 per $100, find the property tax. Use the following formula to answer the question: property tax = assessed value/$100 × rate (amount)

Answer 1

$6,600

Just divide $220,000 by $100 like so- 220,000/100=2,200 now just multiply 2,200 by 3 like 2,200(3)= 6,600