document.write( "Question 262737: if the property tax on a property with an assessed value of $150,000 is $1350, what is the property tax on a property with an assessed value of $225,000? What is the tax rate? \n" ); document.write( "

Algebra.Com's Answer #193534 by unlockmath(1688) $\"\"$ $\"About$

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Hello,
\n" ); document.write( "We can set up a formula that would be Value of property times the rate = property tax or in shorter version:
\n" ); document.write( "Vr=tax Plug in the values we know:
\n" ); document.write( "150,000r=1350 Divide both sides by 150,000 to get:
\n" ); document.write( "r=.009 or .9% is the tax rate
\n" ); document.write( "On a property valued at $225,000 use the same formula:
\n" ); document.write( "225,000(.009)=tax Do the calculations:
\n" ); document.write( "$2025
\n" ); document.write( "There we go.
\n" ); document.write( "Make sense?
\n" ); document.write( "RJ
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