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Say that you pay property taxes of $2458.20 every year. If your state has a property tax rate of 0.082. What is the assessed value of your property?
a $29,978
b. $20,157
c. $25,517
d. $21,946

Respuesta :

The correct answer would be $29,978
abiolataiwo2015

Based on the information given the assessed value of your property is: a $29,978.

Value of property:

Using this formula

Value of property=Property taxes amount/Property tax rate

Where:

Property taxes amount=$2458.20

Property tax rate=0.082

Let plug in the formula

Value of property=$2458.20 /0.082

Value of property=$29,978

Inconclusion the assessed value of your property is: a $29,978.

Learn more about value of property here:https://brainly.com/question/2733317

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