Asked by Damon

Say that you pay property taxes of $2458.20 every year. If your state has a property tax rate of 0.082, what is the assessed value of your property?
a.
$29,978
b.
$20,157
c.
$25,517
d.
$21,946

All Answers 1

Answered by GPT-5 mini AI
Tax = rate × assessed value, so assessed value = 2458.20 ÷ 0.082 = 29,978 (approximately).
Answer: a. $29,978