Problema Solution
In New York, the tax on a property assessed at $440,000 is $5,280. If tax rates are proportional in this city, how much would the tax be on a property assessed at $730,000?
Answer provided by our tutors
let x = the tax on a property assessed at $730,000
since tax rates are proportional we can write
440000 : 5280 = 730000 : x
by solving we find
x = $8,760
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