If Eve's house has an assessed value of $76,320 and a real estate tax rate of $2.98 per $100, what will she pay in real estate tax?

A-$2,274.34

B-$1,345.26
C-$2,008.94
D-$3,567.34

I think it's A

You're right.

Thanks!!

To calculate the real estate tax that Eve will pay, follow these steps:

Step 1: Convert the tax rate to a decimal
- The tax rate of $2.98 per $100 means that for every $100 of assessed value, Eve will pay $2.98 in tax.
- Convert $2.98 to a decimal by dividing it by 100: $2.98 / 100 = 0.0298.

Step 2: Determine the assessed value in terms of $100 units
- Eve's assessed value is given as $76,320.
- Divide $76,320 by 100 to determine how many $100 units it contains: $76,320 / 100 = 763.2.

Step 3: Multiply the assessed value (in $100 units) by the tax rate (as a decimal)
- Multiply 763.2 by 0.0298 to calculate the real estate tax:
763.2 * 0.0298 = $22.73456.

Step 4: Round the result to two decimal places
- Rounding the result to two decimal places, Eve will pay approximately $22.73 in real estate tax.

Therefore, Eve will pay approximately $22.73 in real estate tax.