Question

The school taxes on a house assessed at $210,000 are $2,340. At the same tax rate, what are the taxes (to the nearest dollar) on a house assessed at $275,000? a) $3,064 b) $65,000 c) $1,787 d) $90

Answer 1

To find the taxes on a house assessed at $275,000, calculate the tax rate and apply it to the new assessment.

Step-by-step explanation:

To find the taxes on a house assessed at $275,000, we need to use the given tax rate and apply it to the new assessment.

The tax rate can be calculated by dividing the taxes on the first house by its assessment. So, the tax rate is $2,340 divided by $210,000, which is approximately 0.01114.

Multiplying this tax rate by the new assessment of $275,000 gives us approximately $3,057.10. Rounding this to the nearest dollar gives us an answer of $3,057.

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