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1 October, 06:25

residents in r county can use the expression (v * 0.5501 - 4800) : (1000 * 34.67) what is the property tax on a $190000. home?

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  1. 1 October, 06:46
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    Given:

    Property-tax in thousands of dollars

    tax (v) = (v * 0.5501 - 4800) : (1000 * 34.67)

    where v=valuation of the property

    for v=190000,

    tax (190000) = (190000*0.5501-4800) / (1000*34.67) = 2.876 (in 1000$)

    So property tax = $2876
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