chandlerwalter5176 chandlerwalter5176

10-03-2020
Business

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The tax on a property with an assessed value of $ 68 comma 000 is $ 550. Using a proportion, find the tax on a property with an assessed value of $ 123 comma 000.

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sadddamkashmiri801 sadddamkashmiri801

12-03-2020

Answer:

The answer is $994.85

Explanation:

This can be calculated using the proportion method.

Unit $ worth of the property costs = $550 / $68,000 = 0.008088

$123,000 worth of property costs = 0.008088 * $123,000 = $994.85

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