Jane lives in Middleton, where the tax rate is 2.9%. Her property is assessed at $189,000. What is her tax?
189,000 * 0.029 = ?
To calculate Jane's tax, we can multiply the property assessment by the tax rate.
1. Convert the tax rate to a decimal form by dividing it by 100. The tax rate of 2.9% becomes 0.029.
2. Multiply Jane's property assessment by the tax rate:
Tax = Property assessment * Tax rate
= $189,000 * 0.029
= $5,481
Therefore, Jane's tax in Middleton would be $5,481.