Anna has a house with a market value of $120,000 if the assessment rate is 40% and the tax rate per $100 is $2.35 how much will she oh annually in real estate tax to the nearest cent

Question

Jethro

Mathematics

4 May, 08:24

Anna has a house with a market value of $120,000 if the assessment rate is 40% and the tax rate per $100 is $2.35 how much will she oh annually in real estate tax to the nearest cent

+3

Answers (2)

Know the Answer?

Kendall Stokes · Answer 1

2.35/100=x/120000

Solve for x

X=2820

So real estate tax is

2,820*0.40=1,128

Leonidas Wilkinson · Answer 2

The house is $120,000

the assessment rate is 40% of $120,000 making it $48,000

and for every $100 there is a tax of 2.35 making the tax equal $2,820

add that all up and the total is $170,820