SOLUTION: A property tax on a house with an assessed value of $480,000 is $5760. Determine the property tax on a house with an assessed value of $600,000, assuming the same tax rate.

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: A property tax on a house with an assessed value of $480,000 is $5760. Determine the property tax on a house with an assessed value of $600,000, assuming the same tax rate.      Log On


   

Question 405851: A property tax on a house with an assessed value of $480,000 is $5760. Determine the property tax on a house with an assessed value of $600,000, assuming the same tax rate.
Found 2 solutions by rfer, josmiceli:
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
480/5760=600/x
480x=3456000
x=$7,200

Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
The rate is 5760%2F480000+=+.00992
600000%2A+.00992+=+5949.96
The tax is $5,949.96