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Find the property tax. Round to the nearest cent. Assessed valueTax rate $79,200 $7.10 per...

Find the property tax. Round to the nearest cent. Assessed value Tax rate $79,200 $7.10 per $100 Select one: a. $ 5623.20 b. $ 1115.49 c. $ 11,154.93 d. $ 562.32

Solutions

Expert Solution

Here assessed value = $79,200

tax rate = 7.10%

So property tax = assessed value* tax rate

= 79200*7.10%

=$5623.20


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