Find the tax rate for the area. Round to the nearest tenth of a percent.
-Total tax needed: $3,560,000 Total assessed value: $399,700,000

Name: Find the tax rate for the area. Round to the nearest tenth of a percent. -Total tax needed: $3,560,000 Total assessed value: $399,700,000
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Question

Quizplus · Accepted Answer

To find the tax rate, divide the total tax needed by the total assessed value and then multiply by 100 to convert to a percentage: ($3,560,000 / $399,700,000) * 100 = 0.891%, which rounds to 0.9%.

Find the Tax Rate for the Area