Question

Taxes - Taxes on a house assessed at $64,000 are $1500 a year. If the assessment is raised to $85,000 and the tax rate did not change, how much would the taxes be?Express your answer rounded correctly to the nearest dollar.

Answer 1

The ratio of the taxes to the total price is:

`tax=(85000)/(64000)\cdot1500`

Simplify:

`taxes=(85)/(6)\cdot1500=1992.1875`

Round to the nearest dollar is 1992

Answer: $1992