Anna has a house with a market value of $128,000 if the assessment rate is 40% of the tax rate per $100 is $2.35 how much will she owe annually in real estate tax, to the nearest cent?

$1,718.62
$1,203.20
$1,438.20
$515.42

$1203.20

Step-by-step explanation:

Given : Anna has a house with a market value of $128,000

To Find: If the assessment rate is 40% of the tax rate per $100 is $2.35 how much will she owe annually in real estate tax,to the nearest cent?

Solution:

We are supposed to find the assessment rate is 40% of the tax rate per $100 is $2.35 how much will she owe annually in real estate tax,to the nearest cent.

A.T.Q

Now we are given that the assessment rate is 40% of the tax rate .

So. 40% of 3008 =

Hence  she will owe $1203.20 annually in real estate tax,to the nearest cent.

the 8 in 8,420 is in the thousands place so it's value is 8 thousand.

the 8 in 6,870 is in the hundreds place so it's value is 8 hundred.

divide 8000 by 800 to find the answer:

8000 / 800 = 10

the 8 in 8,420 is 10 times greater than the 8 in 6,870