Finance related question?

Question

Jane miller has a house assessed at 45,000 (45 percent of it sale value ) Her tax rate is 4.20 per $100 of AV. Tome Gale has a house assessed at 55,000(50 percent of sale value) His rate tax rate is 35.25 mills . Who pays the greater tax?

Answer 1

Tome pays $1,938.75
Jane pays $1,890.00

Change them all to the same rate to make the calculation easier. $4.20 per $100 = 42.00 mills. Multiply mills by the AV in thousands to get the total tax.