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The Staff family pays a rate of 31 mills in property tax.
The assessed value of the
home is $48,000. What is their property tax?


Sagot :

Using proportions, it is found that the rate of 31 mills means that their property tax is of 3.1%.

What is a proportion?

A proportion is a fraction of a total amount.

The Staff family pays a rate of 31 mills in property tax, which means that for each $1000, $31 is paid in tax. Hence the rate is given by:

r = 31/1000 = 3.1/100 = 3.1%.

More can be learned about proportions at https://brainly.com/question/24372153

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