The tax rate on Harriet Walker's $80,000 vacation home is 20 mills. The property is assessed at full value. How much will Harriet Walker pay in taxes this year?
A. $2,000
B. $1,600
C. $640
D. $440
Please help me out, i cannot figure this out...
2007-03-26 07:54:57 · 3 answers · asked by Greendayluvr 2 in Education & Reference ➔ Homework Help
This is how you do it:
A mill is equal to $1.00 of tax for each $1,000 of assessment. To calculate the property tax multiple the assessment of the property by the mill rate and then divide by 1,000.
$80,000x20=1,600,000
1,600,000/1,000=$1,600
2007-03-26 08:21:50 · answer #1 · answered by neverknow 3 · 1⤊ 0⤋
Mabey its A Because 20 divide by 80 would be 4 then subtract 2 THen 2,000, i think ^_^
2007-03-26 15:01:24 · answer #2 · answered by Anonymous · 0⤊ 1⤋
b
2007-03-26 15:00:43 · answer #3 · answered by Puppy Zwolle 7 · 0⤊ 0⤋