Question

The property tax on a $160,000 home is $3,840. At this rate, what is the property tax on a home appraised at $260,000? $

Answer 1

Answer:

$6240

Step-by-step explanation:

Find the rate by dividing property tax by the appraisal value.

$\frac{3840}{160000}=0.024$

Now multiply the appraised value by this rate to find the property tax.

$260000*0.024=6240$