Question

A home is in three taxing districts.
The school district taxes are 3.1%,
the city taxes are 2.5%, and the
county at 1.8%. Suppose the
assessed value of the home is
$95,400. What are the total taxes
due?

Answer 1

Answer:

Explanation:

The taxes are calculated as follows:

School District Tax:

3.1% of $95,400

= 0.031 * $95400

= $2957.4

City Tax:

2.5% of $95,400

= 0.025 * $95400

= $2385

County:

1.8% of $95,400

= 0.018