The market value of a property is $300,000. The assessment rate is 35%. Find the property tax if the property tax rate is:
1.12.15% of the assessed value
2.$9.98 per $100 of the assessed value
3.$110.32 per $1,000 of the assessed value
4.102.5 mills per $1 of the assessed value
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the assessed value would be 35% of market value --> 105,000
1) find 12.15% of 105,000
2) its a rate --> 9.98/100 = 9.98%
find 9.98% of 105,000
3)110.32/1000 = .11032 = 11.032%
find 11.032% of 105,000
4) im not sure what "mills" represents
millions maybe.... im not sure either... thank you
seems like it would have to be some unit smaller than a penny
my guess is they are looking for 10.25% of 105,000
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mmkay better than anything i can come up with
thank you i have anothe problem for you
Welcome Care, a senior citizen day care center, pays the major portion of its employees' medical insurance—$150 of the $204 monthly premium for an individual employee. If an employee wishes coverage for a spouse or family, the employee must pay $126 or $212 per month respectively to cover herself or himself and the additional person(s). The center hires three new employees. Calculate their semimonthly take- home pay using the percentage method tables. The company pays time and a half for overtime hours in excess of 40 hours in a given week. Medical insurance premiums can be paid with pretax dollars. Withholding taxes, Social Security, and Medicare deductions are calculated on the lower adjusted gross salary. 1. An activities director is hired at an annual salary of $ 32,000. He is single with two dependent children (three withholding allowances) and wants family medical insurance coverage. Find his total deductions and his net income.