If you plan to take money out of the bank frequently, what type of account should you get?
1 answer:
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Answer:
$14620 is collected as tax for a property of $860,000
Explanation:
Let the tax rate on every property in Tacoma be x%. A property worth $430,000 was taxed $7,310. This implies that:
multiplying through by 100 we get:
Dividing through by 430000 to get:
x = 1.7%
Therefore the tax rate in Tacoma is 1.7%.
Since all tax rate is proportional, for a property of $430,000 the tax is $7,310, for a property of $860,000 let the tax be $y
Therefore
This means that $14620 is collected as tax for a property of $860,000