SOLUTION: The property taxes on a business office were $3,976 $⁢3,976 . What was the tax rate if the business office was valued at $260,000 $⁢260,000 ? Round your answe

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: The property taxes on a business office were $3,976 $⁢3,976 . What was the tax rate if the business office was valued at $260,000 $⁢260,000 ? Round your answe      Log On


   

Question 1092334: The property taxes on a business office were
$3,976
$⁢3,976
. What was the tax rate if the business office was valued at
$260,000
$⁢260,000
? Round your answer to the nearest hundredth of a percent
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
+%28+x%2F100+%29%2A260000+=+3976+
+2600x+=+3976+
+x+=+1.529+
To the nearest .01%, the tax rate is 1.53%