Find the property tax on a home with an assessed value of $95,000.00 if the property tax rate is 12.15 percent of the assessed v

Question

3 years ago

9

alue.
a. $12,150.00

b. $11,542.50

c. $13,360.00

d. $12,950.00

2 answers:

marin [14] · Answer 1 · 2021-12-15T09:28:03+03:00

marin [14]3 years ago

7 0

12.15% = 0.1215 as a decimal.

Multiply the value by the decimal:

$95,000 x 0.1215 = $11,542.50

The answer is B.

STatiana [176] · Answer 2 · 2021-12-15T10:48:37+03:00

Answer:

Option b. $11,542.50

Step-by-step explanation:

The assessed value of the property = $95,000

The property tax rate = 12.15%

The property tax = 12.15% of $95,000

= $\frac{12.15}{100}\times 95,000$

= 0.1215 × 95,000

= $11,542.50

The property tax on a home would be $11,542.50.