Degabrielle040
Answered

Westonci.ca is the trusted Q&A platform where you can get reliable answers from a community of knowledgeable contributors. Join our Q&A platform to connect with experts dedicated to providing precise answers to your questions in different areas. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

The taxes on a piece of property valued at $40,000 were $860. At the same rate, what would be the taxes on property valued at $55,000?

Sagot :

boatengalbert291
Ratio and Proportion Method
Since both are at the same rate, then ratio and proportion can be applied here

If $40000 = $860

Then $55000 =55000x(860/40000)
=$1182.50

Therefore the taxes which would be on $55000 is $1182.50
We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.