The property taxes on a boat were $2,883. what was the tax rate if the boat was valued at $175,000? round your answer to the nearest hundredth of a percent.

Value of Boat = $ 175,000

Property Tax = $2,883

To determine tax rate, we can use the formula:

Tax Rate (%) = × 100

⇒ Tax Rate (%) = × 100

⇒ Tax Rate = 1.647428.... %

Rounding off to the nearest hundredth (i.e. till 2 decimal places):

Tax Rate = 1.65% [Since after 1.64 then next digit is 7, which is greater than 5, hence 4 will change to 5 when rounded off]

Hence, the answer is 1.65% tax rate was charged on the boat

area of part 1:

a1=base*height/2=(8+2)*(8-2-2-1)/2=10*3/2=15 ft^2

area of part 2:

a2=length*width=(8+2)*1=10 ft2

area of part 3:

a3=length*width=8*2=16 ft2

total shaded area : a1+a2+a3=41 ft2

total area of the reactangle : a=16*8=128 ft2

total area of the nonshaded region : 128-41=87 ft2