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
The mean temperature for the first 4 days in January was -2°C. The mean temperature for the first 5 days in January was 0°C. Wha
Burka [1]

Answer:

-11 is the answer

3 0
3 years ago
TJ invested $4000 in a bond at a yearly rate of 2% for 30
slavikrds [6]

Answer:

2.5 years

Step-by-step explanation:

I = 200     T=200/4000 0.2  = 2.5 years

P= 4000

R = 2%  0.2

T = ?  

4 0
3 years ago
Mrs.Baca uses a phone card to call her relatives in Colombia.It costs her 45 cents to talk for 15 minutes.How long can she talk
zysi [14]
45/15= 3

So 1 minute=3 cents

75*3=225=2.25 converted

75 minutes=$2.25
6 0
3 years ago
Read 2 more answers
Solve the equation=3x =15​
kati45 [8]

3x = 15

x = 15/3

x = 5

8 0
3 years ago
Read 2 more answers
VERY EASY HALP PLEASE
Nina [5.8K]
The second option ! 2.54 - 2.3 = 0.24
6 0
3 years ago
Read 2 more answers
Other questions:
  • Will the oppositive of zero sometimes always or never be zero
    9·1 answer
  • Amy has $8 less than maria. together they have $30. how much money does each girl have?
    8·1 answer
  • ron walks 0.5miles on the track in 10 minutes steve walks 0.25miles on the track in 6 minutes find the unit rate for each Walker
    11·2 answers
  • When 1600 is increased by 20% and the resulting number is decreased by y% the answer is 1536. Find the value of y?
    8·1 answer
  • This might seem like an easy question to answer but, "Doreen plans to divide her stickers among 5 friends. If she has 55 sticker
    11·1 answer
  • An offshore oil well is leaking oil and creating a circular oil slick. If the radius of the slick is growing at a rate of 2 mile
    11·1 answer
  • What is the mean absolute deviation of 10, 5, 7, 10, 19, 32, 25?​
    9·1 answer
  • Hi help pls and ty no link pls
    11·2 answers
  • Explain how solving $2x<-8$ is different from solving $-2x<8$ .
    5·1 answer
  • The record low temperature for a town is -13F. Yesterday, it was 6F. What is the difference between the absolute values of these
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!