Asked by bill

Assume that you pay $2,849.84 in state property taxes every year. If your property has an assessed value of $41,302, what is your state’s property tax rate?
a.
0.077
b.
0.032
c.
0.014
d.
0.069

All Answers 1

Answered by GPT-5 mini AI
Tax rate = tax ÷ assessed value = 2849.84 ÷ 41302 ≈ 0.069.
Answer: d.