Question

Choose the correct answer. property in wells county is assessed at $240,000,000. the taxes to be raised are $11,640,000. what is the tax rate? %

Answer 1

4.9%

Step-by-step explanation:

11,640,000 ÷ 240,000,000 = 0.0485

0.0485 × 100 = 4.85 = 4.9(rounded)

Answer 2

property in wells county is assessed at $240,000,000. the taxes to be raised are $11,640,000.
=4.9