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If Susan's property is assessed at $27,500. The property tax rate in her city is 3.25%. the property tax should be 893.75.
Solution:
27500 * 0.0325 = 893.75
If Susan's property is assessed at $27,500. The property tax rate in her city is 3.25%. the property tax should be 893.75.
Solution:
27500 * 0.0325 = 893.75
Answer: $ 893.75
Step-by-step explanation:
Given: The assessed value of Susan's property = $27,500
The property tax rate in her city = 3.25%=0.0325
Now, to find the property tax we need to multiply the property rate by the assessed value, we get
[tex]\text{The property tax value }=0.0325\times\$27500=\$893.75[/tex]
Therefore, the property tax value = $893.75