Business math ! residents of bates county pay a 1.5 percent property tax. compute the tax due on a parcel of undeveloped land with an assessed valuation of $18,000.00

$270

Step-by-step explanation:

Given phrase : - The assessed value of undeveloped land =  $18,000.00

Residents of Bates County pay a 1.5 percent property tax.

⇒ Tax percent = 1.5 %

Now, the the tax due on a parcel of undeveloped land is given by :-

To convert percent into decimal we divide it by 100, we get

Hence, The tax due on a parcel of undeveloped land  = $270

yes

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