Consumer Math

The tax rate on Harriet Walkers 80,000 vacation home is 20 mills. The property is assessed at full value. How much will Harriet Walker pay in taxes this year?
A. 2,000
B. 640
C. 1,600
D. 440

C

  1. 👍 0
  2. 👎 0
  3. 👁 637
  1. 80000 * .020 = 1600

    1. 👍 0
    2. 👎 0
    posted by Steve

Respond to this Question

First Name

Your Response

Similar Questions

  1. Math

    3.   The tax rate on Harriet Walker's $80,000 vacation home is 20 mills. The property is assessed at full value. How much will Harriet Walker pay in taxes this year?      A. $1,600 B. $2,000 C. $640 D. $440 B?

    asked by Sarah on January 14, 2015
  2. math

    The tax rate on Harriet Walker's $80,000 vacation home is 20 mills. The property is assessed at full value. How much will Harriet Walker pay in taxes this year? A. $640 B. $440 C. $1,600 D. $2,000

    asked by YOYO on April 11, 2013
  3. Math

      The tax rate on Ned Topolino's $112,000 vacation home is 25 mills. The property is assessed at full value. How much will Ned pay in taxes this year?      A. $2,800 B. $780 C. $7,800 D. $28,000 A?

    asked by Sarah on January 14, 2015
  4. finance

    Knight has a property tax base with an appraised value consisting of $142,000,000 of taxable real property and $78,000,000 of taxable personal property. The assessment ratio is 50%. Exemptions for the elderly reduce assessed value

    asked by angela on September 9, 2012
  5. Math

    Property taxes are placed on the tax roll based on a property's assessed value. If a tax district has a tax rate of 0.4%, then what is the tax owed on a house with an assessed value of $235,000? A. $940 B. $94,000 C. $9,400 D. $94

    asked by Madi on May 8, 2019
  6. Math

    A home is assessed at $70,000. The tax rate is 6.15 mills. What is the tax on the home ?

    asked by Maryana on November 21, 2010
  7. math

    John and Mary Billings own a condominium with an assessed value of $110,000. If the tax rate is 25 mills per $1.00 of assessed valuation, how much tax do they pay?

    asked by megan on June 24, 2014
  8. statistics

    A building has a market value of $229,000.00. If it is assessed at 50% of market value and the tax rate is 40 mills, find the property tax. I got 4,580

    asked by bean on January 15, 2012
  9. Real Estate Finance

    A home is valued at $175,000. Property in the area is assessed at 35% of its value, and the local tax rate is $3.85 per $100. What is the amount of annual tax paid on the home?

    asked by tmouery on November 26, 2012
  10. Math

    Ms Perez owns 2 properties in different towns. The 1st property is assessed at $125,000 and has a tax rate of $6.35 per 1000 dollars. The 2nd property has the same assessed value, but is taxed at the rate of $0.00587 per dollar.

    asked by Jane on April 19, 2013

More Similar Questions