Yolanda owns some property that has an assessed value of $54,628. Find the tax due if the tax rate is 7.33% of the assessed value.(Round your answer to the nearest cent if necessary)

Name: Yolanda owns some property that has an assessed value of $54,628. Find the tax due if the tax rate is 7.33% of the assessed value.(Round your answer to the nearest cent if necessary)
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Question

Quizplus · Accepted Answer

The tax due is calculated by multiplying the assessed value by the tax rate: $54,628 * 0.0733 = $4,004.23.

Yolanda Owns Some Property That Has an Assessed Value of $54,628