Carl owns property with an assessed value of $72,450. If the tax rate is 6.82% of the assessed value, how much tax does Carl owe? (Round your answer to the nearest cent if necessary)

Name: Carl owns property with an assessed value of $72,450. If the tax rate is 6.82% of the assessed value, how much tax does Carl owe? (Round your answer to the nearest cent if necessary)
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Question

Quizplus · Accepted Answer

To find the tax Carl owes, multiply the assessed value of the property by the tax rate: $72,450 * 6.82% = $4,941.09.

Carl Owns Property with an Assessed Value of $72,450