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In Seattle, the tax on a property assessed at $550,000 is $8,250. If tax rates are proportional in this city, how much would the tax be on a property assessed at $580,000?

Respuesta :

In Seattle, the tax on a property assessed at $550,000 is $8,250.

If tax rates are proportional in this city, how much would the tax be on a property assessed at $580,000?

Let x be the tax on a property assessed at $580,000.

Then we can set up the following proportion

[tex]\frac{x}{\$580,000}=\frac{\$8,250}{\$550,000}[/tex]

Let us solve the equation for x.

[tex]\begin{gathered} \frac{x}{\$580,000}=\frac{\$8,250}{\$550,000} \\ x=\$580,000\cdot\frac{\$8,250}{\$550,000} \\ x=\$8,700 \end{gathered}[/tex]

There would be an $8,700 tax be on a property assessed at $580,000.

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