SOLUTION: I would like to understand how to solve these problems.
Thank you.
Are these two claims equivalent, in conflict, or not comparable because they’re talking about different thing
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-> SOLUTION: I would like to understand how to solve these problems.
Thank you.
Are these two claims equivalent, in conflict, or not comparable because they’re talking about different thing
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Question 1139042: I would like to understand how to solve these problems.
Thank you.
Are these two claims equivalent, in conflict, or not comparable because they’re talking about different things?
a. “The school levy is only a 0.1% increase of the property tax rate.”
b. “This new levy is a 12% tax hike, raising our total rate to $9.33 per $1000 of value.” Answer by greenestamps(13198) (Show Source):
According to statement b, the new rate of $9.33 per $1000 of value is a 12% tax hike -- i.e., $9.33 per $1000 of value is 112% of the previous rate. So the previous rate was
So the old property tax rate was 8.33/1000 = 0.00833; the new tax rate is 9.33/1000 = 0.0093; the increase in the property tax rate is 0.0093-0.0083 = 0.001 = 0.1%.
