SOLUTION: The property taxes on a business office were $2,447. What was the tax rate if the business office was valued at $150,000? Round your answer to the nearest hundredth of a percent.

SOLUTION: The property taxes on a business office were $2,447. What was the tax rate if the business office was valued at $150,000? Round your answer to the nearest hundredth of a percent.

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Question 993960: The property taxes on a business office were $2,447. What was the tax rate if the business office was valued at $150,000? Round your answer to the nearest hundredth of a percent.
Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!
It is 2447/150,000
=0.0163=1.63%
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