Last year, Mrs. Black's property was assessed at a value of $200,000 and had to pay $3,336 in property taxes. This year, the same property was assessed at $205,000. What will be the current property taxes if they are in the same ratio as the assessed values? Please help me with this question...anyone. Thank you.
2007-11-13 08:44:28 · 9 answers · asked by Pat B 2 in Education & Reference ➔ Homework Help
$3419.40
2007-11-13 08:48:59 · answer #1 · answered by AB 3 · 0⤊ 0⤋
The correct answer is about $3,419 at a %1.668 tax rate.
To solve the problem, first you set up a proportion (3,336 over 200,000 is equal to x over 100) to find out what percent 3,336 is of 200,000. Then you take that percent and multiply it by 205,000 to get a final answer of $3,419 dollars (approx.)
2007-11-13 16:51:01 · answer #2 · answered by Anonymous · 0⤊ 0⤋
do you know the ratios? you can figure out after that, try dividing the assessed values. i think youll find a ratio through there. then change the property taxes to match the ratio and property value
2007-11-13 16:49:07 · answer #3 · answered by Anonymous · 0⤊ 0⤋
3,336/200,000= 1 and 2/3% tax rate.
1 and 2/3% (.016667) times 205,000 = $3,419.40
2007-11-13 16:49:01 · answer #4 · answered by Joe L 4 · 0⤊ 0⤋
About $3,419 in property taxes.
But its rounded cause after 3419 there is a BUNCH of decimal numbers.. so round it, and it comes to $3419.
=] happy to help =]
2007-11-13 16:50:35 · answer #5 · answered by Anonymous · 0⤊ 0⤋
(3336 / 200,000) x 205,000
2007-11-13 16:47:41 · answer #6 · answered by -Son of the devil- 2 · 0⤊ 0⤋
even i dont get it O_o
2007-11-13 16:47:49 · answer #7 · answered by jus lil punk 2 · 0⤊ 0⤋
tax?
2007-11-13 16:47:13 · answer #8 · answered by Anonymous · 0⤊ 0⤋
$3419.4
2007-11-13 16:49:57 · answer #9 · answered by dave 1 · 0⤊ 0⤋