This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Preston's house is assessed at 145,000. He received a tax assessment for 9,425. What is his tax ... (Read 163 times)

frankwu

  • Hero Member
  • *****
  • Posts: 549
on: Jun 24, 2018
Preston's house is assessed at 145,000. He received a tax assessment for 9,425. What is his tax rate?

Question 2

The tax rate on the Hamilton's house is 50 per 1,000. The market value of their house is 289,000 and the assessed value is 60. How much tax is due?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aruss1303

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 24, 2018
Answer to Question 1

6.5;
Divide the part, 9,425, by the whole, 145,000. Multiply the quotient by 100 for the percent.

Answer to Question 2

8,670;
289,000  0.6 = 173,400; 173,400  1,000 = 173.4; 173.4  50 = 8,670


frankwu

  • Hero Member
  • *****
  • Posts: 549
Reply #2 on: Jun 24, 2018
Thank you :)


aruss1303

  • Sr. Member
  • ****
  • Posts: 314
Reply #3 on: Jun 24, 2018
Happy to help you


« previous next »
 

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Juvenile Common House Gecko (H. frenatus) Juvenile Common House Gecko (H. frenatus)
Critical thinking model for safety assessment Critical thinking model for safety assessment
Nursing history for vascular assessment Nursing history for vascular assessment
Geriatric Depression (Mood Assessment) Scale Geriatric Depression (Mood Assessment) Scale
Sleeping House of the Nyim Sleeping House of the Nyim
Video: Negative Feedback Regulation of Blood Pressure

For a complete list of videos, visit our video library