1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tankabanditka [31]
1 year ago
12

8. Patrice and Don buy a home for $92,000. The property tax rate is$39.50 per $1,000 of assessed value. The assessment rate is 4

1%.How much is their property tax?9. Find Patrice and Don's effective tax rate. Use the informationin problem 8.
Mathematics
1 answer:
Kaylis [27]1 year ago
3 0

We start by calculating the assessed value, that is 41% of the price.

The price is $92,000.

Then, the assessed value is:

AV=a\cdot P=\frac{41}{100}\cdot92000=0.41\cdot92000=37720

The property tax rate is $39.50 per $1000 of assessed value, so we can express this rate as:

\text{tax rate}=\frac{39.50}{1000}=0.0395

We then can multiply this rate by the assessed value to calculate the total property tax:

\text{tax}=0.0395\cdot37720=1489.94

NOTE: we could have also multiplied 39.50 by 37.72. The value 37.72 is the thousands of dollars of assessed value. We would have obtained the same result: 39.50*37.72=1489.94.

Answer: the property tax is $1,489.94.

You might be interested in
Given lines p and q are parallel, m<2 - (14x - 12), m<6 - (5y + 23), and m<8 - (8x + 27), solve for the values of x and
nexus9112 [7]

Answer:

x = 7.5

y = 14

m<1 = 87°

m<7 = 93°

Step-by-step explanation:

Given:

m<2 = (14x - 12),

m<6 = (5y + 23),

m<8 = (8x + 27)

m<2 + m<8 = 180° (consecutive exterior angles are supplementary)

(14x - 12) + (8x + 27) = 180 (substitution)

Solve for x

14x - 12 + 8x + 27 = 180

Collect like terms

22x + 15 = 180

Subtract 15 from each side

22x = 180 - 15

22x = 165

Divide both sides by 22

x = 7.5

m<2 = m<6 (corresponding angles are congruent)

(14x - 12) = (5y + 23) (substitution)

Plug in the value of x

14(7.5) - 12 = 5y + 23

105 - 12 = 5y + 23

93 = 5y + 23

Subtract 23 from each side

93 - 23 = 5y

70 = 5y

Divide both sides by 5

14 = y

y = 14

✅m<1 = m<8 (alternate exterior angles are congruent)

m<1 = (8x + 27) (substitution)

Plug in the value of x

m<1 = 8(7.5) + 27 = 87°

m<7 = m<2 (alternate exterior angles are congruent)

m<7 = (14x - 12) (substitution)

Plug in the value of x

m<7 = 14(7.5) - 12 = 93°

8 0
3 years ago
Express the equation y=2/3x-6 in a standard format
grin007 [14]
Y = 2/3x - 6
-2/3x + y = -6...multiply everything by -3
2x - 3y = 18 <== standard form
3 0
3 years ago
Describe how adding and subtracting mixed numbers can help you with recipes.
andrey2020 [161]
Because there's times when u need to double for instance a cup so u have to add one morecup
3 0
3 years ago
Read 2 more answers
Pls help meeeeee I’ll give brainliest
r-ruslan [8.4K]

Answer:

d

Step-by-step explanation:

i already got that on friday

5 0
3 years ago
Which function represents a horizontal compression of an exponential function?
lubasha [3.4K]

Answer: y=23x

Step-by-step explanation:

5 0
3 years ago
Read 2 more answers
Other questions:
  • Which of the following are perfect squares? Check all that apply.
    10·1 answer
  • 11)
    7·1 answer
  • Please help!!!! i will give brainliest
    13·1 answer
  • Let f(x) = log(x). Find values of a such that f(kaa) = kf(a).
    12·1 answer
  • Simplify. rewrite the expression in the form b^nb ​n ​​ b, start superscript, n, end superscript. b^{-6}\cdot b^{11}
    5·2 answers
  • 18 people is what percent of 50 people
    6·1 answer
  • Find the prime factors of 60 by dividing by prime numbers.​
    13·1 answer
  • Jerry has two same size circles divided into same number of equal parts. One circle has has 3/4 of the parts shaded and the othe
    11·1 answer
  • Light travels at 3.0×10^8 kilometers how far does light travel in five minutes
    12·1 answer
  • Plz help need this done by tomorrow thank you [Photo]​
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!