Question

Serena paid a tax of $288 on a house assessed at $48,000. Using the same tax rate, find the tax on a house assessed at $59,000.

Answer 1

To find the tax on a house assessed at $59,000 using the same tax rate, we first need to determine the tax rate based on the information provided.

1. Calculate the tax rate:
\[
\text{Tax Rate} = \frac{\text{Tax Paid}}{\text{Assessed Value}} = \frac{288}{48000}
\]
\[
\text{Tax Rate} = \frac{288}{48000} = 0.006
\]

2. Now, we will apply this tax rate to the new assessed value of $59,000:
\[
\text{Tax on new house} = \text{Assessed Value} \times \text{Tax Rate} = 59000 \times 0.006
\]
\[
\text{Tax on new house} = 354
\]

Thus, the tax on a house assessed at $59,000 is **$354**.