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Janese · Answer 1 · 2023-03-30T22:15:53+0000

Answer:

This problem can be solved using the Proportionality concept, the following mathematical equation can be constructed for the problem statement:

$\begin{gathered} (T_1)/(P_1)=(T_2)/(P_2) \\ \\ \\ \therefore\Rightarrow \\ \\ \\ (\$10,800)/(\$900,000)=(T_2)/(\$430,000) \\ \\ \\ \\ T_2=\$430,000*\frac{\operatorname{\$}10,800}{\operatorname{\$}900,000}=\$5,160 \\ \\ \\ T_2=\$5,160 \end{gathered}$

Therefore the tax on that property is $5,160.

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