Answered

At Westonci.ca, we provide reliable answers to your questions from a community of experts. Start exploring today! Explore thousands of questions and answers from knowledgeable experts in various fields on our Q&A platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

If the assessment rate is 46% and the tax rate is $37.84 per $1,000 of assessed value, the property tax on a house with a market value of $170,000 is

Sagot :

anthougo

The property tax on a house with a market value of $170,000 is $2,959.09.

What is property tax?

Property tax is a tax levied on the assessed value of property owned by an individual or a corporation.

Data and Calculations:

Assessment rate = 46%

Tax rate = $37.84 per $1,000

Market value of house = $170,000

Assessed value = $78,200 ($170,000 x 46%)

Property tax = $2,959.09 ($78,200 x $37.84/$1,000)

Thus, the property tax on a house with a market value of $170,000 is $2,959.09.

Learn more about property taxes at https://brainly.com/question/25844719

#SPJ1

Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.