SOLUTION: Property valued at $18,000 is assessed for 1/3 of its value. If the property tax $3 per $100 of assessed value per year, what is the yearly property tax bill?

SOLUTION: Property valued at $18,000 is assessed for 1/3 of its value. If the property tax $3 per $100 of assessed value per year, what is the yearly property tax bill?

Algebra.Com

Question 21771: Property valued at $18,000 is assessed for 1/3 of its value. If the property tax $3 per $100 of assessed value per year, what is the yearly property tax bill?
Answer by wuwei96815(245) (Show Source): You can put this solution on YOUR website!
$18,000 x 1/3 = $6,000

$6,000 x $3/$100 = $180

Does that look right?
RELATED QUESTIONS
Property valued at $18,000 is assessed for 1/3 of its value. If the property tax levy is... (answered by stanbon)

Property valued at $18,000 is assessed for 2/3 of its value. If the property tax levy is... (answered by wuwei96815)

Property valued at $90,000 is assessed at 2/3 of its value. If the property tax is $30... (answered by drk)

The property tax rate in a city is $2.43 per $100 of assessed value. What would be the... (answered by Alan3354)

John pays $650 in property tax. What is the assessed value of his property if property... (answered by stanbon)

john pays $650 in property tax. what is the assessed value of his property if property... (answered by rfer)

In a certain city, the amount of property tax paid varies directly with the assessed... (answered by checkley71)

A piece of real property is assessed at P 15,400. If this real property is assessed by... (answered by rfer,ankor@dixie-net.com)

if the property tax on a property with an assessed value of $150,000 is $1350, what is... (answered by unlockmath)