Answer:
The tax on property assessed at $660,000 is $13860 .
Step-by-step explanation:
Given:
In Atlanta the tax on a property assessed at $930,000 is $19,530.
The tax rates are proportional to this city.
Now, to find the tax on a property assessed at $660,000.
So, we need to get the tax rate of Atlanta first.
Tax Rate = Tax / Property assessed × 100.
[tex]Tax\ rate=\frac{19530}{930000} \times 100[/tex]
[tex]Tax\ rate=0.021 \times 100[/tex]
[tex]Tax\ rate=2.1\%[/tex]
According to question the tax rates are proportional.
So, for getting the tax in this city we use the same rate of Atlanta:
Tax = tax rate of property assessed.
[tex]Tax = 2.1\% of\ \$660,000[/tex]
[tex]Tax = \frac{2.1}{100}\times 660000.[/tex]
[tex]Tax = 0.021\times 660000[/tex]
[tex]Tax=\$13860[/tex]
Therefore, the tax on property assessed at $660,000 is $13860.
