2 years ago

the home of bill burton is assessed at $91,000. the tax rate is 18.5 mills. what is the property tax on bills home?

Mathematics

1 answer:

IrinaVladis [17]2 years ago

6 0

Answer:

$1683.50

Step-by-step explanation:

You are expected to know that a "mill" is one thousandth of a dollar. In this context, it is the amount of tax on one dollar of assessed valuation. So, the tax amount is found by multiplying the valuation by 18.5/1000:

tax = 0.0185 · $91,000 = $1683.50

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