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daser333 [38]
3 years ago
9

What is the property tax of 1.6% on property assessed at $85,000?

Mathematics
2 answers:
Montano1993 [528]3 years ago
8 0
85000 X 0.016 = $1360
Solnce55 [7]3 years ago
7 0

Answer:

$1,360.

Step-by-step explanation:

We are asked to find the amount of property tax at a rate of 1.6% assessed at $85,000.

Let us find 1.6% of 85,000 to find the amount of property tax.

\text{Amount of property tax}=\frac{1.6}{100}\times 85,000

\text{Amount of property tax}=0.016\times 85,000

\text{Amount of property tax}=1,360

Therefore, the property tax will be $1,360 and 1st option is the correct choice.

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